Congress

Congress

Policy

SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation

“Having the SEC and CFTC work together makes a lot of sense,” Peirce told CoinDesk TV.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Videos

CFTC Commissioner Addresses FTX Fallout

Following the fallout of FTX, "there may be an impetus to do something," CFTC Commissioner Kristin N. Johnson said. "I'm hopeful that Congress will take up the questions that we've described ... and close the regulatory gap, giving clear direction to the SEC and the CFTC."

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Policy

Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do

FTX CEO Bankman-Fried has been crypto’s shining star in U.S. policy circles, and it’s unclear whether he has an obvious successor.

Sam Bankman-Fried and former U.S. President Bill Clinton at Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

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Binance-FTX Deal Will Invite 'Scrutiny' Into Regulation of Exchanges: Blockchain Association's Kristin Smith

"What happened with FTX may not be able to be addressed by U.S. regulation," says Blockchain Association Executive Director Kristin Smith. But, she adds that Congress is still very interested in finding a way to regulate the spot markets. The potential Binance-FTX merger "is going to open up more robust debate around exchange regulation."

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Policy

Crypto Has Prepared for Divided US Government, Republican Rise

A partisan mess on Capitol Hill may not be a bad thing for the crypto industry, which has friends on both sides of the aisle and legislative efforts that are – so far – bipartisan.

The White House, the executive office of the U.S. President (Jesse Hamilton/CoinDesk)

Opinion

At Stake in the US Midterms: The Future of Money

With some seminal regulatory legislation up for consideration, the makeup of Congress in 2023 matters not only to crypto natives but to everyone.

(Rachel Sun/CoinDesk)

Policy

Lesson From the US Elections: Don't Mention Crypto

This year’s midterm elections have seen very few candidates willing to even mention cryptocurrency, and they have their reasons.

Former Democratic presidential candidate Andrew Yang had been cautioned by campaign advisers not to dwell on crypto. (Alex Wong/Getty Images)

Policy

Can Crypto Buy a Seat in Congress?

In the U.S. primaries, crypto millions sometimes failed to show much effect at all, though industry donors may claim credit in a few key wins on the road to the midterms.

Sam Bankman-Fried, CEO de FTX. (Jesse Hamilton/CoinDesk)

Finance

CBDC Development Necessary for US to Remain Competitive, says Congressman

U.S. Rep. Jim Himes joined CoinDesk TV’s “First Mover” live from I.D.E.A.S. 2022 in New York City to discuss why the U.S. should consider moving forward with a central bank digital currency.

Congressman James Himes (Joshua Roberts-Pool/Getty Images)

Videos

Fed's Barr: Regulators Should Use 'Range of Options' in Fintech

Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event to a policy-focused crowd, noting that risk management is a key issue for regulators. “The range of options available for dealing with emerging technologies and those benefits are solid,” Barr said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details. Plus, insights on negotiations over Congress’ leading stablecoin bill.

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