Congress

Congress

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Rep. Jim Himes on Future of Crypto Regulation

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De speaks with Rep. Jim Himes (D-Conn.) about the White House’s latest framework for digital assets. The Congressman also weighs in on the future of a U.S. central bank digital currency (CBDC) and the potential timeline for crypto regulation legislation in Congress.

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Rep Himes: ‘Notable Momentum’ in Washington on Crypto Regulation

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from his recent interview with Rep. Jim Himes (D-Conn.) about his reaction to the White House's framework for digital assets. Plus, why Meta CEO Mark Zuckerberg's introduction of his Libra crypto project to Congress was "catastrophic."

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House Republicans Want Answers From Fed on Digital Dollar

Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chairwoman Lael Brainard on the topic.

Federal Reserve Governor Lael Brainard (Drew Angerer/Getty Images)

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House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress

Internal plans to release a draft by this week were put off as the factions remain too far apart in negotiations, sources say.

Los intentos de la Cámara de Representantes de los Estados Unidos para controlar a las stablecoins podrían convertirse en un proyecto de ley. (Jesse Hamilton/CoinDesk)

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US Congressman Wants Consumer-Protection Answers From Agencies, Crypto Firms

A subcommittee chairman from the House Oversight Committee sent letters to Binance, Coinbase and other firms questioning them on how they guard against fraud.

Rep. Raja Krishnamoorthi (Graeme Jennings-Pool/Getty Images)

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Crypto Advocate Michelle Bond Loses Primary Bid for Congress

Michelle Bond lost her primary bid to be the Republican congressional candidate for her New York district. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto candidates across the country. Plus, what to expect from Voyager's bankruptcy hearing.

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Rep Tom Emmer Asks Treasury Department to Explain Tornado Cash Sanctions

U.S. Congressman Tom Emmer (R-Minn.) asked the Treasury Department’s Office of Foreign Asset Control (OFAC) to explain its sanctioning of crypto mixer Tornado Cash in an open letter tweeted Tuesday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

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US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions

Treasury's sanctions watchdog sanctioned Tornado Cash earlier this month on allegations it helped North Korea's Lazarus Group launder millions of stolen crypto funds.

Congressman Tom Emmer (house.gov)

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Biden Administration Can ‘Take Action’ on Stablecoins Right Now, Former CFTC Chair Says

Former CFTC Chairman and Harvard University Research Fellow Timothy Massad proposes a federal framework for the issuance of stablecoins without new action from Congress. He explains how the “Biden Administration can still take action if we can’t get legislation real fast.”

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Former CFTC Chair on Crypto and Stablecoin Regulation

Former CFTC Chairman Timothy Massad discusses why the current regulatory framework is “inadequate” and his concerns over the tug of war between SEC and the underfunded CFTC. Plus, what the Biden Administration can do for stablecoin regulation.

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