Congress

Congress

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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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US Treasury's Tornado Cash Sanctions Are ‘Unprecedented,’ Warns Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” Rep. Tom Emmer said on CoinDesk TV’s “First Mover” show.

Rep. Tom Emmer (R-Minn.) (Stephen Maturen/Getty Images)

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Rep. Tom Emmer: Regulators 'Have to Wait' For Congress on Crypto

Rep. Tom Emmer (R-Minn.) explains why the agencies like the Securities and Exchange Commission (SEC) need to wait for Congress to offer further regulatory clarity on the future of cryptocurrency guidelines.

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CFTC Commissioner: Crypto Market Needs Clear Guidelines on Its Regulator

Kristin N. Johnson joined CoinDesk TV’s "First Mover" to discuss two bills in Congress that would make her agency the primary crypto watchdog.

Kristin N. Johnson, commissioner of Commodity Futures Trading Commission (CoinDesk)

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Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens

Democrats on the House Financial Services Committee are asking for more information about hiring from digital-assets firms.

Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co. (Joe Raedle/Getty Images)