Congress

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)
Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over th...
Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Lawmakers want to get rid of a controversial accounting policy pushed by Chair Gary Gensler's Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)
U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.
Lawmakers want to get rid of a controversial accounting policy pushed by Chair Gary Gensler's Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)

Treasury Secretary Janet Yellen chairs the Financial Stability Oversight Council, which has warned it might take action on stablecoins if Congress doesn't. (Samuel Corum/Getty Images)
A Backdoor Regulatory Option Haunts U.S. Crypto
If all else fails with Plan A for setting up stablecoin rules with legislation, the industry's Republican allies in Washington have revealed their worry the Federal Reserve co...
Treasury Secretary Janet Yellen chairs the Financial Stability Oversight Council, which has warned it might take action on stablecoins if Congress doesn't. (Samuel Corum/Getty Images)

How Might Crypto Influence the Upcoming U.S. Elections?
How Might Crypto Influence the Upcoming U.S. Elections?
CoinDesk managing editor for global policy and regulation Nikhilesh De looks ahead to 2024 and what role crypto might play in Congress, after Rep. Patrick McHenry (R-NC) annou...
How Might Crypto Influence the Upcoming U.S. Elections?

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)
Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

(JamesDeMers/Pixabay)
Crypto Provisions Dropped From 2023 U.S. Defense Bill
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.
(JamesDeMers/Pixabay)

A piece of legislation that just passed a U.S. House of Representatives committee would tell the Department of Commerce to boost blockchain technology. (Nikhilesh De/CoinDesk)
Pro-Blockchain Bill Clears Hurdle in U.S. House
The legislation would tell the U.S. secretary of commerce to officially cheer for domestic blockchain technology, though its path toward becoming a law is uncertain.
A piece of legislation that just passed a U.S. House of Representatives committee would tell the Department of Commerce to boost blockchain technology. (Nikhilesh De/CoinDesk)

Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
Rep. Patrick McHenry (R-N.C.), arguably one of the crypto industry's most important advocates in Congress, has decided not to seek another term, he announced in a post on X (f...
Crypto Advocate Rep. McHenry Says He Won't Seek Reelection

Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)

The artist Die with the most likes's rendering of Elizabeth Warren for Most Influential 2023.
Elizabeth Warren: D.C.'s Crypto Critic-in-Chief
The U.S. Senator from Massachusetts is skeptical of crypto. It's a position she leaned into in 2023.
The artist Die with the most likes's rendering of Elizabeth Warren for Most Influential 2023.