House Financial Services Committee

Rep. Patrick McHenry (Jesse Hamilton/CoinDesk)
U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
The House is set next week to vote on a wide-ranging bill to set crypto regulations, though its potential in the Senate remains murky, despite the optimism of its proponents.
Rep. Patrick McHenry (Jesse Hamilton/CoinDesk)

Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)

Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)

House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)

A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)
U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism
The Treasury's top official on terrorism, Brian Nelson, said Hamas and other groups still prefer traditional financing, and crypto isn't figuring into their funding in a big w...
A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)

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)

House Majority Whip Tom Emmer (R-Minn.) (CoinDesk archives)
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising
Lawmakers want to know to what extent Hamas may actually be raising crypto funds to finance terrorism, and what role the U.S. has had in seizing those funds.
House Majority Whip Tom Emmer (R-Minn.) (CoinDesk archives)

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)

House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.
House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)