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U.S. Senate
First Mover Americas: Crypto Money-Laundering Bill on the Table
The latest price moves in crypto markets in context for Dec. 15, 2022.

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 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.

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.”

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.

Bitcoin’s Real Role Examined; 3AC’s Complex Ties Revealed
Report says Bitcoin users in emerging markets looking beyond investment. U.S. Senator Cynthia Lummis says vote on crypto bill unlikely this year. Sam Bankman-Fried says “moderately bad” deals okay during bailouts. Court documents show strong ties between 3AC and TPS Capital. Dubai scorches crypto winter with plans to support 40,000 metaverse jobs.

Bruce Fenton on Running for New Hampshire Senate Seat
Bitcoiner and Chainstone Labs CEO Bruce Fenton discusses running for the Republican nomination for New Hampshire’s seat in the U.S. Senate and the role of crypto in his campaign. Plus, outlook for CBDCs.

Fed Chair Powell to Speak Before Senate Committee Tomorrow
Nikhilesh De, CoinDesk's managing editor for global policy & regulation, joins First Mover to discuss what he's watching in Washington, D.C. this week, including tomorrow's Senate appearance by Federal Reserve Chairman Jerome Powell. Plus, the latest developments regarding Celsius Network.

Bitcoiner Bruce Fenton Confirms He’s Running for New Hampshire Senate Seat
The long-time crypto proponent will take on vulnerable incumbent Sen. Maggie Hassan, and is initially funding his campaign with $5 million of personal bitcoin wealth.

US Senate Passes Earn It Act Despite Concerns Over Child Safety and Online Privacy
The U.S. Senate Judiciary Committee unanimously passed the Earn It Act, which would scale back the broad immunity that the internet platforms were granted under Section 230 in the name of holding platforms accountable for chid-sex-abuse content. “The Hash” squad discusses the latest threat to privacy and encryption, and the need for decentralization.
