Senate


Policy

Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation

The crypto-oriented duo of Sens. Gillibrand and Lummis are pressing for smaller slices of their wide-reaching crypto bill to get done, and they predict TradFi's arrival in ETFs could help.

U.S. Sens. Kirsten Gillibrand and Cynthia Lummis are hopeful about aspects of their sweeping crypto bill. (Stephen Lovekin/Shutterstock for CoinDesk)

Policy

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.

House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)

Policy

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.

House Financial Services Committee Chair Patrick McHenry (left) and Ranking Member Maxine Waters (Alex Wong/Getty Images)

Videos

Bipartisan Senate Bill Wants DeFi to Impose Bank-Like Controls on User Base

Some U.S. Senators are introducing a new bipartisan bill that would place stringent anti-money laundering (AML) requirements on decentralized finance protocols. The bill was introduced Wednesday by Sen. Jack Reed (D-R.I.) a member of the Senate Banking Committee. Mike Rounds (R-S.D.), Mitt Romney (R-UT) and Mark Warner (D-VA) are co-sponsors. "The Hash" panel discusses details from the description of the bill reviewed by CoinDesk and outlook on U.S. regulation within the crypto sector.

Recent Videos

Policy

New U.S. Senate Bill Wants to Regulate DeFi Like a Bank

DeFi protocols would need to impose strict controls on their users.

Sen. Jack Reed (D-R.I) is sponsoring the bill (Photo by Patrick Semansky-Pool/Getty Images)

Policy

A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

Last year’s prominent U.S. crypto legislation from a bipartisan pair of senators is back for a reboot that imagines a less prominent role for the SEC than Chair Gary Gensler has in mind.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance

In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.

The new Congress will arrive for work at the U.S. Capitol on Jan. 3. (Jesse Hamilton/CoinDesk)

Policy

U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis.

Sen. Thom Tillis (R-NC) (Anna Moneymaker/Getty Images)