Legislation

A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.

By Jesse Hamilton

Oct 3, 2023 at 11:03 p.m. UTC

Oct 3, 2023

RegulationsPatrick McHenryHouse Financial Services CommitteeHouse of RepresentativesLegislation

U.S. Rep. Don Beyer is pushing a bill that would set up government-accessible repositories for off-chain crypto trading data. (Jesse Hamilton/CoinDesk)

Policy

Regulations

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.

By Jesse Hamilton

Sep 28, 2023 at 9:00 p.m. UTC

Sep 28, 2023

RegulationsCommodity Futures Trading CommissionSecurities and Exchange CommissionHouse of RepresentativesLegislationdata collection

Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

Regulations

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

By Jesse Hamilton

Sep 21, 2023 at 6:31 p.m. UTC

Sep 21, 2023

RegulationsPat ToomeyCoinbaseLegislationStablecoin legislationSenate Banking Committee

The U.S. House Financial Services Committee has advanced a bill to oppose a U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)

Policy

Regulations

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.

By Jesse Hamilton

Sep 20, 2023 at 7:52 p.m. UTC

Sep 20, 2023

RegulationsCBDCLegislationHouse Financial Services CommitteeSenate Banking CommitteeDigital Dollar

Policy

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.

By Jesse Hamilton

Sep 18, 2023 at 3:34 p.m. UTC

Sep 18, 2023

Elizabeth WarrenLegislationCongressSenate Banking CommitteeRegulationMoney Laundering

Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)

Policy

Regulations

Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.

By Jesse Hamilton

Sep 14, 2023 at 4:24 p.m. UTC

Sep 14, 2023

RegulationsLegislationHouse Financial Service CommitteeCBDCsDigital Dollar

One Senate Banking Committee member argues that the panel needs to aim more hearings at what U.S. Securities and Exchange Commission Chair Gary Gensler is doing to crypto. (Photo courtesy of the Securities and Exchange Commission)

Policy

Regulations

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

Sen. Bill Hagerty, a Republican on the Senate Banking Committee, says the panel should be digging into the interactions between the securities regulator and the digital assets...

By Jesse Hamilton

Sep 7, 2023 at 3:41 p.m. UTC

Sep 7, 2023

RegulationsCongressLegislationSenate Banking CommitteeGary GenslerSecurities and Exchange Commission

The House of Representatives has been making strides in crypto legislating, but pitfalls await. (Jesse Hamilton/CoinDesk)

Policy

Analysis

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

By Jesse Hamilton

Aug 1, 2023 at 6:47 p.m. UTC

Aug 1, 2023

AnalysisCongressLegislationHouse Financial Services CommitteeSenate Banking Committeestablecoin billAMLMoney Launderingtop news

Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

Video

Nikhilesh de

Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

House lawmakers cleared a long-awaited stablecoin legislation for the next step in its route through Congress late Thursday night. This comes as three other key bills were adv...

By CoinDesk Staff

Jul 28, 2023 at 3:29 p.m. UTC

Jul 28, 2023

Nikhilesh DecdtvStablecoinFM ClipLegislation

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

Regulations

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

A long-awaited stablecoin bill graduated from a House committee in a Republican push, leaving the chair of the House Financial Services Committee lamenting that a bipartisan d...

By Jesse Hamilton Jack Schickler

Jul 28, 2023 at 2:00 a.m. UTC

Jul 28, 2023

RegulationsLegislationHouse Financial Services Committeestablecoin billStablecoins

Consensus

Legislation

Policy

Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

Policy

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

Policy

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Policy

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

Policy

Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On

Policy

Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

Policy

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

Policy

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

Video

Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

Policy

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House