Congress
BTC, ETH Trading Flat Ahead of Powell Testimony
Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
The bill also requires the EPA to study the effect crypto mining has on the environment.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
U.S. Representative French Hill is the chairman of the newly formed Financial Services Subcommittee on Digital Assets.
4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.
Policymakers Need to Focus on Tokenization, Not Just Tokens
Representing real-world assets on a blockchain could allow everyday Americans to buy into durable prosperity, says John Rizzo, an ex-Treasury Department official.
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.
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 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.
