Senate

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)

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.

By Jesse Hamilton

Oct 9, 2023 at 2:24 p.m. UTC

Oct 9, 2023

AnalysisHouse of RepresentativesHouse Financial Services CommitteeLegislationShutdownstablecoin billSenateSherrod Brown

Policy

Regulations

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

By Amitoj Singh

Sep 4, 2023 at 12:07 p.m. UTC

Sep 4, 2023

RegulationsAustraliaBillCryptoTreasurySenate

U.S. Sen. Cynthia Lummis (R-WY) speaks at Consensus 2023. (Shutterstock/CoinDesk)

Policy

Senate

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

By Sam Reynolds

Jul 28, 2023 at 2:48 a.m. UTC

Jul 28, 2023

SenateNdaaKirsten GillibrandCynthia LummisElizabeth WarrenRoger marshall

House Financial Services Committee Chair Patrick McHenry (left) and Ranking Member Maxine Waters (Alex Wong/Getty Images)

Policy

Regulations

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.

By Nikhilesh De Elizabeth Napolitano

Jul 27, 2023 at 12:35 a.m. UTC

Jul 27, 2023

RegulationsHouse Financial Services CommitteeBillsLegislationHouse of RepresentativesSenateNational defense authorization act

Video

Defi

Bipartisan Senate Bill Wants DeFi to Impose Bank-Like Controls on User Base

Some U.S. Senators are introducing a new bipartisan bill that would place stringent anti-money laundering (AML) requirements on decentralized finance protocols. The bill was i...

By CoinDesk Staff

Jul 19, 2023 at 5:52 p.m. UTC

Jul 19, 2023

DeFicdtvHash clipAMLAnti-Money LaunderingSenateMike RoundsMark Warner

Sen. Jack Reed (D-R.I) is sponsoring the bill (Photo by Patrick Semansky-Pool/Getty Images)

Policy

Senate

New U.S. Senate Bill Wants to Regulate DeFi Like a Bank

DeFi protocols would need to impose strict controls on their users.

By Danny Nelson

Jul 19, 2023 at 2:02 p.m. UTC

Jul 19, 2023

SenateDeFiRegulation

U.S. Sen. Cynthia Lummis, R-Wyo. (Shutterstock/CoinDesk)

Policy

Regulations

A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

Last year’s prominent U.S. crypto legislation from a bipartisan pair of senators is back for a reboot that imagines a less prominent role for the SEC than Chair Gary Gensler h...

By Jesse Hamilton

Jul 12, 2023 at 11:00 a.m. UTC

Jul 12, 2023

RegulationsLegislationCongressSenate BillSenateDeFiStablecoinsLending

Policy

Regulations

U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance

In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.

By Amitoj Singh

Jul 12, 2023 at 8:50 a.m. UTC

Jul 12, 2023

RegulationsIRSCryptoTaxSenateCongressUS

Sen. Thom Tillis (Anna Moneymaker/Getty Images)

Policy

Regulations

U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis.

By Jesse Hamilton

Mar 15, 2023 at 7:28 p.m. UTC

Mar 15, 2023

RegulationsSenateSenate Banking CommitteeCongressUS