Bitcoin
$60,952.63+0.12%
Ethereum
$2,881.22-1.25%
Binance Coin
$587.93-0.60%
Solana
$139.50-4.77%
XRP
$0.48961701-3.45%
Toncoin
$6.84-0.85%
Dogecoin
$0.13697033-4.63%
Cardano
$0.42734778-3.04%
Shiba Inu
$0.00002170-3.98%
Avalanche
$32.21-4.20%
Tron
$0.12669874-0.23%
Wrapped Bitcoin
$60,986.89+0.01%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

House Financial Services Committee

Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 10, 2024 at 8:42 p.m. UTC
May 10, 2024
RegulationsLegislationHouse of RepresentativesHouse Financial Services CommitteePatrick McHenry
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 7, 2024 at 5:23 p.m. UTC
May 7, 2024
RegulationsMoney LaunderingMixersTornado CashSamourai WalletLegislationHouse Financial Services Committee
House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
Policy
Regulations
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Mar 26, 2024 at 8:26 p.m. UTC
Mar 26, 2024
RegulationsEthereumETHPrometheumSecurities and Exchange CommissionCongressHouse Financial Services CommitteePatrick McHenryGlenn Thompson
A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)
Policy
Regulations
U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism
The Treasury's top official on terrorism, Brian Nelson, said Hamas and other groups still prefer traditional financing, and crypto isn't figuring into their funding in a big w...
A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)
By Jesse Hamilton
Feb 14, 2024 at 8:56 p.m. UTC
Feb 14, 2024
RegulationsTreasury DepartmentHamasTerrorismTerrorist FinancingLegislationHouse Financial Services CommitteeTom EmmerBrian Nelson
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
Policy
Regulations
House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
By Jesse Hamilton
Dec 5, 2023 at 5:19 p.m. UTC
Dec 5, 2023
RegulationsPatrick McHenryCongressHouse Financial Services CommitteeElection 2024top news
House Majority Whip Tom Emmer (R-Minn.) (CoinDesk archives)
Policy
Regulations
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising
Lawmakers want to know to what extent Hamas may actually be raising crypto funds to finance terrorism, and what role the U.S. has had in seizing those funds.
House Majority Whip Tom Emmer (R-Minn.) (CoinDesk archives)
By Nikhilesh De
Nov 15, 2023 at 6:38 p.m. UTC
Nov 15, 2023
RegulationsHamasHouse Financial Services CommitteeTerrorism
U.S. House Republicans' drama over picking a speaker is weighing down the odds of crypto legislation seeing action. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won't have the No. 2 role to seek, another potential blo...
U.S. House Republicans' drama over picking a speaker is weighing down the odds of crypto legislation seeing action. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Oct 13, 2023 at 4:26 p.m. UTC
Oct 13, 2023
RegulationsLegislationCongressHouse of RepresentativesHouse Financial Services Committee
U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
If Republicans can’t unify behind Scalise or another choice to be speaker, paralysis in the House over crypto legislation and a potential government shutdown could continue.
U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Oct 11, 2023 at 8:28 p.m. UTC
Oct 11, 2023
RegulationsHouse of RepresentativesHouse Financial Services CommitteeLegislationCongressKevin mccarthy
House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)
Policy
Analysis
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.
House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)
By Jesse Hamilton
Oct 9, 2023 at 2:24 p.m. UTC
Oct 9, 2023
AnalysisHouse of RepresentativesHouse Financial Services CommitteeLegislationShutdownstablecoin billSenateSherrod Brown
Rep. Patrick McHenry, temporary speaker of the U.S. House of Representatives, is a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.
Rep. Patrick McHenry, temporary speaker of the U.S. House of Representatives, is a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Oct 3, 2023 at 11:03 p.m. UTC
Oct 3, 2023
RegulationsPatrick McHenryHouse Financial Services CommitteeHouse of RepresentativesLegislation