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US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify

The top Democrat and Republican of the Senate Banking Committee accused the ex-FTX CEO of an “unprecedented abdication of accountability.”

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

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US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact

The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities and assess their overall impact on the U.S.' environment.

Sen. Edward Markey (D-Mass.) at a press conference on Dec. 8. (Jemal Countess/Getty Images for SEIU)

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US Lawmakers Want State Department to Disclose Crypto Rewards

The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA.

U.S. Capitol (Diego Grand/Shutterstock)

Consensus Magazine

The Senate’s Biggest Crypto Regulations Cheerleaders

The U.S. Congress’ upper chamber has introduced a bipartisan, comprehensive crypto-responsibility bill, with another stablecoin regulations bill on its way. That’s why senators Cynthia Lummis and Kirsten Gillibrand share a spot on CoinDesk’s Most Influential 2022.

Cynthia Lummis and Kirsten Gillibrand (Will Ess for Pixelmind.ai/CoinDesk)

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After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation

The chairman of the Senate Banking Committee – the missing ingredient in previous efforts – has invited Treasury Secretary Janet Yellen to start working with him on legislation.

Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking Commitee (Drew Angerer/Getty Images)

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Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

Ron Wyden, chairman of the Senate Finance Committee, sent letters to crypto companies demanding answers about their consumer protection practices.

U.S. Sen. Ron Wyden (Drew Angerer/Getty Images)

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US Senators Demand Sam Bankman-Fried, FTX Execs Be Held Accountable to 'Fullest Extent of the Law’

Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) said in a Wednesday letter to Attorney General Merrick Garland they want Sam Bankman-Fried and others investigated.

Senator Elizabeth Warren (Drew Angerer/Getty Images)

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US CFTC’s Behnam Will Testify at FTX Hearing in Senate

The chairman is the first witness listed so far by the Senate Agriculture Committee as it prepares a hearing on the FTX blowup.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Політика

US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year

Sen. Kirsten Gillibrand, one of the most crypto-friendly Democrats in the Senate, said she hopes a regulatory bill will be introduced in the “next few weeks.”

U.S. Sen. Kirsten Gillibrand (D-N.Y.)  (Jesse Hamilton/CoinDesk)

Політика

Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows

U.S. political parties take separate, opposing lessons from the crash of Sam Bankman-Fried’s crypto empire.

U.S. Capitol (Jesse Hamilton/CoinDesk, modified via Photomosh)