U.S. Senate


Policy

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. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

U.S. Senators Push for SEC to Rethink Crypto Staking in Exchange Funds

The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.

Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

Trump Has Made His Major Decisions on His Crypto Regulation Team, Now Also OCC

With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how.

President Donald Trump

Policy

Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers

Sen. Sherrod Brown, the Democratic chairman of the Senate Banking Committee, called for more crypto transparency and consumer protections in a letter to agency chiefs.

Sen. Sherrod Brown (Ethan Miller/Getty Images)

Policy

GOP Sen. Ted Cruz Proposes Ban on a CBDC

The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis.

U.S. Sen. Ted Cruz of Texas has proposed a bill to prohibit the Federal Reserve from creating a central bank digital currency. (Alex Wong/Getty Images)

Markets

First Mover Americas: Crypto Money-Laundering Bill on the Table

The latest price moves in crypto markets in context for Dec. 15, 2022.

A bill to combat crypto money laundering has been proposed in the U.S. Senate. (Shutterstock)

Policy

US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill

The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.

US Capitol (Shutterstock)

Videos

US Senators Ask Regulators for a 'Review' of SoFi’s Crypto Offerings

U.S. senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Chris Van Holland (D-Md.) and Tina Smith (D-Minn.) wrote open letters to digital finance company SoFi and several bank regulators, asking for a "review" of SoFi's crypto offerings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the concerns about SoFi’s expansion into crypto business. Plus, what to expect from today's FTX court hearing.

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Videos

US Crypto Bill Pile Up; Philippines Binance Warning

Senate proposal suggests responsibility for Bitcoin and Ethereum should lie with the CTFC. Philippines’ SEC warns public not to invest with Binance. Solana blames Slope mobile wallet app for exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

New Senate Proposal Could Give CFTC Crypto Oversight

The U.S. Senate Committee On Agriculture, Nutrition & Forestry is set to introduce a bill Wednesday allowing the Commodity Futures Trading Commission (CFTC) “exclusive jurisdiction” over digital commodities. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what to expect.

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