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Senate
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

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 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.

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.

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."

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.

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.

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.

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.

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.
