[yesterday 5:02 PM] The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.
[Aug 29 9:48 PM] The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets…
[Jun 18 11:30 PM] Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives…
[May 22 12:19 PM] The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time.
[May 22 3:00 AM] The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday.
[May 15 2:06 PM] The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services…
[May 10 2:42 PM] The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry…
[May 7 11:23 AM] Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers.
[Apr 10 5:25 PM] Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward…
[Mar 26 2:26 PM] As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange…
[Mar 1 11:00 PM] The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of the cryptocurrency custody provider market. However, the…
[Feb 14 2:56 PM] Just after Hamas' terrorist attacks in Israel last year, crypto took blame for helping fund such brutal killing. While the prominent media reports were later bashed by cryptocurrency experts, the U.S. Department of the Treasury's top official on…
[Feb 6 2:00 AM] Treasury Secretary Janet Yellen, in her forthcoming appearance before the House Financial Services Committee, is set to emphasize the potential dangers the cryptocurrency industry presents to financial stability, advocating for legislative action…
[Jan 30 6:30 PM] During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for…
[Jan 8 4:30 PM] Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial…
[Dec 5, 2023 11:19 AM] Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
[Dec 1, 2023 3:30 AM] Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early 2024. Hill told CNBC that Congress wants to give the U.S. Securities and…
[Oct 13, 2023 10:26 AM] Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year.
[Oct 11, 2023 2:28 PM] The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.)…
[Oct 9, 2023 8:24 AM] Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a…
[Oct 3, 2023 5:03 PM] Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.
[Sep 27, 2023 3:23 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital…
[Sep 26, 2023 1:46 PM] The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.
[Sep 20, 2023 1:52 PM] A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets…
[Aug 31, 2023 7:30 PM] A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect…
[Aug 15, 2023 1:06 PM] Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.
[Aug 1, 2023 12:47 PM] The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law.
[Jul 27, 2023 8:00 PM] House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick…
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