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Consensus Magazine

Consensus

Senator Cynthia 'Crypto Queen' Lummis: Lack of Laws Pushing Industry Overseas

The senator from Wyoming – a speaker at CoinDesk's Consensus festival – on crypto's prospects in Washington, D.C.

By Jeff Wilser

Mar 20, 2023 at 2:39 p.m. UTC

Mar 20, 2023

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Sen. Thom Tillis (R-NC) speaks to reporters outside of the Senate Chambers in the U.S. Capitol Building on March 14, 2023 in Washington, DC. (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

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U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

Silicon valley bank

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

By Nikhilesh De

Mar 13, 2023 at 3:18 p.m. UTC

Mar 13, 2023

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Consensus Magazine

Money reimagined

How U.S. Judges Might Save Crypto From the SEC

Separation-of-powers offers hope to an industry under attack from unchecked executive power, says Michael Casey, CoinDesk's chief content officer.

By Michael J. Casey

Mar 10, 2023 at 5:00 p.m. UTC

Mar 10, 2023

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Policy

Regulations

Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole

The U.S. President is expected to unveil his budget proposal on Thursday.

By Nikhilesh De

Mar 9, 2023 at 5:26 a.m. UTC

Mar 9, 2023

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Federal Reserve Board Chairman Jerome Powell (Anna Moneymaker/Getty Images)

Markets

Bitcoin

Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony

The Fed chair said no decision has yet been made on the size of the coming March rate hike.

By Stephen Alpher

Mar 8, 2023 at 4:08 p.m. UTC

Mar 8, 2023

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Policy

Regulations

Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess

The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.

By Jesse Hamilton

Mar 7, 2023 at 6:37 p.m. UTC

Mar 7, 2023

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Policy

Regulations

U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report

The Keep Innovation in America Act was first introduced in March 2021.

By Camomile Shumba

Mar 7, 2023 at 12:35 p.m. UTC

Mar 7, 2023

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Sen. Ed Markey (D-Mass.) (Jemal Countess/Getty Images for We The 45 Million)

Policy

Regulations

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions

The bill also requires the EPA to study the effect crypto mining has on the environment.

By Nikhilesh De

Mar 3, 2023 at 6:00 p.m. UTC

Mar 3, 2023

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U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)

Policy

Regulations

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.

By Jesse Hamilton

Mar 2, 2023 at 11:39 p.m. UTC

Mar 2, 2023

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