US Senate


Policy

Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency

Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.

Billionaire hedge fund manager Scott Bessent

Policy

US Senators Press Crypto Bank Silvergate on Ties to FTX: Bloomberg

The lawmakers said in a letter that Silvergate’s previous responses to queries were “evasive and incomplete.”

Senator Elizabeth Warren (Drew Angerer/Getty Images)

Policy

Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX

Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner.

Sam Bankman-Fried sale del tribunal federal en la ciudad de Nueva York. (David Dee Delgado/Getty Images)

Policy

Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans

A joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”

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Videos

Here's What's Inside the First Major Bipartisan Crypto Bill

Senators Kirsten Gillibrand and Cynthia Lummis introduced their long-awaited crypto legislation that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200. “The Hash” breaks down what it could mean for the future of crypto regulation.

Recent Videos

Policy

US Rep. Josh Gottheimer Introduces Bill for Government-Backed Stablecoin Insurance

The bill would designate certain stablecoins as "qualified," making them redeemable on a one-to-one basis for U.S. dollars.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Videos

House Returns to Washington to Forge Ahead With Infrastructure Bill

The House of Representatives is expected to return to Washington Monday to hold a procedural vote to advance the Senate’s $1 trillion bipartisan infrastructure legislation. CoinDesk’s Nikhilesh De discusses what to expect as it seems the bill is likely to be formally introduced without a crypto amendment.

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Markets

2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill

The amendment is a compromise between two previously proposed amendments.

Sen. Mark Warner (D-Va.)

Markets

Crypto Tax Exemptions Floated for $1T US Senate Bill

The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

Policy

State of Crypto: Infrastructure Bill Shows Congress Sees Crypto as Here to Stay

Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.

Bitcoin analysts aren't too worried at the moment about Washington's plan for extra crypto taxes.

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