Congress

Congress

Opinion

Stablecoins Are Not Worth the Risk

Stablecoin issuer Paxos is being investigated by a New York financial watchdog. Regulators should take more action, says Mark Hays of Americans for Financial Reform.

Rep. Patrick McHenry (Shutterstock/CoinDesk)

Policy

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)

Policy

FTX Asks Politicians Who Received Bankman-Fried Donations to Return Money

The “confidential letters” escalate a fight over what could be $93 million in campaign contributions.

Former FTX CEO Sam Bankman-Fried, back when he could testify before Congress (Alex Wong/Getty Images)

Policy

US CFTC Chief Promises More ‘Precedent-Setting’ Crypto Enforcement Cases

Commission Chairman Behnam says his agency is gearing up for another year of significant actions in the crypto industry as he tries to ramp up his enforcement staff.

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)

Policy

US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month

Committee Chairman Sherrod Brown announced the hearing on digital assets safeguards for Feb. 14.

The U.S. Capitol in Washington, D.C. (Jesse Hamilton/CoinDesk)

Videos

How the Crypto Industry Can Move Forward in 2023

U.S. officials in the Biden administration published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Chamber of Digital Commerce Founder and CEO Perianne Boring weighs in on the state of U.S. crypto regulation and the "critical role" of Congress to provide oversight of U.S. regulators.

Recent Videos

Videos

Bitcoin Above $23K as White House Calls for Crypto Regulatory Effort

CoinDesk crypto markets analyst Glenn Williams Jr. joins "All About Bitcoin" to discuss whether bitcoin's (BTC) recent rally is sustainable and the improving macro conditions as PCE data shows inflation cooling down. CoinDesk Editor-at-Large Christie Harkin weighs in on the conversation around crypto regulation in Congress and The White House.

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Videos

White House Calls on Congress to ‘Step up’ Regulation Efforts; Argo Blockchain Faces Suit Over US Share Sale

Four senior U.S. officials in the White House published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Plus, crypto miner Argo Blockchain facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021.

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Opinion

Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money

Crypto, rather than "blowing up" traditional finance, is making the existing system more efficient.

(Andrea De Santis/Unsplash)

Policy

White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.

The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)