Congress
SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security
Gensler was responding to CNBC's question on whether the SEC chair was "warming up to top-tier crypto?"

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise
Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a "grand bargain" to finish a stablecoin bill this year.

Could We Still See a Crypto Bill This Year?; FTX’s Accounting Firm to Pay SEC $1.95M in Settlements
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Rep. Patrick McHenry and Sen. Cynthia Lummis maintain their position that a chance remains for a crypto bill to clear Congress before the end of the year. Plus, FTX accounting firm Prager Metis agrees to pay $1.95 million in settlement to the SEC, and CFTC Chair Behnam speaks on the legal battle against Kalshi.

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate
John Deaton, a lawyer known as an advocate for crypto, dominated the Republican primary in Massachusetts, though beating Warren would be a Herculean task.

U.S. House Committee Plans for Heap of Crypto Hearings in September
The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes
The industry's top campaign-finance operation poured about $1.4 million into advertising to help secure Ansari's victory in a U.S. House primary, which was finalized in a recount this week.

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down
Its favored Arizona candidate, Yassamin Ansari, is heading into a recount with only a 42-vote lead, but the sector's campaign operatives now turn to Missouri and Washington state.

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds
An Arizona candidate who received $1.4 million in crypto help, is maintaining a 67-vote lead several days after the primary election, with a small pile of votes left to verify and count.

