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US Senate
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.”
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.
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.
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.
2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill
The amendment is a compromise between two previously proposed amendments.
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.
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.
How Controversial Crypto Tax Found Its Way Into US Infrastructure Bill
The crypto provision in the U.S. infrastructure bill was one of a handful of issues that nearly delayed the entire package.
El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal tender. Plus, a look at the U.S. Senate approving a $250 billion bipartisan technology and manufacturing bill to counter China on technological advancement.
Cynthia Lummis, Wyoming's Incoming Senator, Wants to Explain Bitcoin to Congress
Cynthia Lummis, who won an open U.S. Senate seat in Wyoming, wants to explain bitcoin's value to her new colleagues.
