Congress

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."

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.

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."

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.

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.

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.

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.

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.

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.

Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.

