Congress

U.S. Sen. Elizabeth Warren (D-Mass.) and more than a hundred lawmaker colleagues from both parties are pushing the Biden administration to address crypto-backed terrorism. (Chip Somodevilla/Getty Images)
U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
In a letter to top U.S. security officials, 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism.
U.S. Sen. Elizabeth Warren (D-Mass.) and more than a hundred lawmaker colleagues from both parties are pushing the Biden administration to address crypto-backed terrorism. (Chip Somodevilla/Getty Images)

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)
Why Congress Will Be the Dollar’s Downfall
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s...
Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

U.S. House Republicans' drama over picking a speaker is weighing down the odds of crypto legislation seeing action. (Jesse Hamilton/CoinDesk)
U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won't have the No. 2 role to seek, another potential blo...
U.S. House Republicans' drama over picking a speaker is weighing down the odds of crypto legislation seeing action. (Jesse Hamilton/CoinDesk)

U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)
Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
If Republicans can’t unify behind Scalise or another choice to be speaker, paralysis in the House over crypto legislation and a potential government shutdown could continue.
U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)

Bitcoin Breaks Above $28K as U.S. Government Avoids Shutdown
Bitcoin Breaks Above $28K as U.S. Government Avoids Shutdown
Bitcoin (BTC)'s price climbed above $28,000 on Monday, logging its highest prices in over a month as analysts pointed to ETF optimism and seasonality as a few reasons behind t...
Bitcoin Breaks Above $28K as U.S. Government Avoids Shutdown

U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony.  (Courtesy of the House Financial Services Committee)
SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.
U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony.  (Courtesy of the House Financial Services Committee)

Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
Experts suggest that the courts and the SEC will keep rolling if the government is shuttered, but an already sluggish interaction with federal officials may be slowed even fur...
Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)

'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
Though the digital assets industry is desperate for regulatory clarity in the U.S., and is fighting legal skirmishes with the SEC while it waits for answers, the long-awaited...
'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey

U.S. Sen. Elizabeth Warren (D-Mass.) gathers influential lawmakers for her crypto money laundering bill. (Courtesy of Sen. Elizabeth Warren)
Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
Among nine new supporters of the legislative effort to ward off illicit uses of crypto are Democratic chairs of the Homeland Security and Judiciary committees.
U.S. Sen. Elizabeth Warren (D-Mass.) gathers influential lawmakers for her crypto money laundering bill. (Courtesy of Sen. Elizabeth Warren)

Commissioner Caroline Pham is proposing a crypto regulation pilot program at the U.S. Commodity Futures Trading Commission (Cheyenne Ligon/CoinDesk)
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.
Commissioner Caroline Pham is proposing a crypto regulation pilot program at the U.S. Commodity Futures Trading Commission (Cheyenne Ligon/CoinDesk)