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U.S. Congress
U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source
Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.
U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto
The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.
Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule
In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.
Crypto Industry Gets Chance to Make Its Case to U.S. Congress
In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
Fed's Powell Says He's Also Worried About Debanking That Strained U.S. Crypto
As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says such tales are a worry he'll address.
Trump's Crypto Czar Sacks Says 'Golden Age' Coming
David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.
Patrick McHenry: The Lawmaker Who Built a Foundation for U.S. Crypto Legislation
The outgoing chair of the House Financial Services Committee deserves significant credit for getting the FIT21 market structure bill through the House in 2024.
Rep. Ritchie Torres on FTX Fallout, SBF Arrest
New FTX CEO John J. Ray III testified before the U.S. House Financial Services Committee Tuesday as his predecessor Sam Bankman-Fried faces fraud and conspiracy charges. Rep. Ritchie Torres (D-N.Y.), who attended the hearing, discusses the key takeaways and possible regulatory outcomes.
