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Senate
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.
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.”
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.
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.
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.
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.
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.
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.
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.
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.”
