House Financial Services Committee


Policy

Previewing Congress's Joint Crypto Regulation Hearing

Congress is holding the first of several planned joint hearings on crypto legislation.

(JamesDeMers/Pixabay)

Opinion

Why the Politics of Crypto Feels Different This Time

Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.

U.S. Securities and Exchange Chairman Gary Gensler (Alex Wong/Getty Images, modified by CoinDesk)

Videos

Rep. McHenry on Future of Crypto Regulation

Republicans on the House Financial Services Committee are taking another shot at stablecoin legislation with a discussion draft revealed Monday afternoon. Rep. Patrick McHenry (R-N.C.) joins "First Mover" to discuss his outlook for regulating stablecoins and the broader digital asset industry. Plus, his take on SEC Chair Gary Gensler's approach to consumer protection and the Europe's landmark Markets in Crypto Assets (MiCA) framework.

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Policy

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says

Rep. Patrick McHenry is seeking to push his own stablecoin bill through Congress, but faces criticism from Democrats.

U.S. Rep. Patrick McHenry (CoinDesk TV)

Policy

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

Their latest draft legislation sets up shared federal and state oversight and says stablecoins aren’t securities, but it’s uncertain what bipartisan support the effort will find.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Videos

Crypto Lawyer Reacts to SEC Chair Gensler Declining to Call Ether a Security at Congressional Hearing

SEC Chair Gary Gensler refused to say whether ether was a security during a nearly five-hour hearing before the House Financial Services Committee yesterday. Joshua Ashley Klayman, Linklaters U.S. Head of Fintech and Head of Blockchain and Digital Assets reacts, explaining why this was "the best the industry could have hoped from him."

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Videos

​​SEC Chair Gary Gensler Dodges Answering Question: ‘Is Ether a Security?’

U.S. Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing. Linklaters U.S. head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in, saying, "the fact he did equivocate on the answer is a positive for the industry." Howard Fischer, Moses Singer partner and former SEC senior trial counsel, added that this "may reflect the internal processes at the SEC."

Recent Videos

Policy

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)

Policy

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.

SEC Chair Gary Gensler (Pool /Getty images)

Policy

What’s in the House Financial Services Committee’s Stablecoin Bill?

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Rep. Patrick McHenry (R-N.C.) is leading efforts in the House to pass stablecoin legislation (Suzanne Cordeiro/Shutterstock/CoinDesk).