Senate


Policy

Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs

Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)

Policy

Crypto Political Operation Targets California's Katie Porter by Undermining Her Base

A leading industry super PAC, Fairshake, is appealing directly to young crypto holders in Porter's state to reject the congresswoman's Senate bid

Crypto PAC Fairshake is asking California crypto voters to oppose Rep. Katie Porter in the U.S. Senate race there. ( Justin Sullivan/Getty Images)

Policy

Crypto Action in Senate Remains on Back Burner: Sources

Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far holding off.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.

Senator Elizabeth Warren tries her hand at standup. (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Policy

Crypto Political Group Fairshake Targets California Senate Candidate Katie Porter

The super PAC said it's spending millions to oppose the Democrat lawmaker in her Senate race, but her campaign says it's a "scheme to mislead voters."

Crypto political action committee Fairshake is targeting Sen. Katie Porter in California. (CoinDesk screen capture from Fairshake ad)

Policy

U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case

Republican lawmakers wrote to the SEC chairman, arguing that its misrepresenting of evidence against DEBT Box casts doubt on the agency's other enforcement matters.

Gary Gensler's SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)

Policy

U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy

Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Opinion

Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass

Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Videos

Messari CEO Reflects on Senate’s Influence on Crypto Industry

As part of CoinDesk's Most Influential 2023, Messari CEO Ryan Selkis discusses the impact of Washington's influence on the crypto sector. "The ongoing Democratic control of the Senate in the U.S. will basically set the crypto industry back to 2030. And most people would be better off moving offshore than continue to operate in the U.S," Selkis said.

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Videos

Sens. Lummis, Gillibrand Discuss Regulatory Landscape for Crypto in the U.S.

As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-W.Y.) discuss why they're urging the inclusion of an illicit finance amendment to the final version of the Senate's defense spending package. Plus, a wider conversation on the outlook for crypto legislation and the biggest regulatory challenges in Congress.

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