Congress
CFTC Chair Urges Leading Role in Overseeing Crypto Spot Markets
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam appealed to Congress Wednesday requesting his agency be granted authority to oversee crypto spot markets in the U.S. Digital Asset Research CEO Doug Schwenk discusses the potential benefits of increased regulation, also sharing insights into price discovery in the bitcoin spot markets. Plus, thoughts on the SEC requesting comments from asset managers pending spot bitcoin ETF approvals about possible market manipulation.
CFTC Should Oversee Crypto Spot Markets, Chief Reiterates Before Congress
CFTC Chair Rostin Behnam also asked Congress to provide his agency with an additional $100 million so it can properly oversee crypto markets.
Pro-Bitcoin California Congressional Candidate: BTC is a ‘Way For Economic Justice,’ Lightning Network ‘is the Future’
Aarika Rhodes, U.S. congressional candidate for California’s 32nd District seeking to unseat Congressman Brad Sherman (D-Calif.), explains bitcoin as “a way for economic justice.” “Do I love the Lightning Network? Absolutely, I think it is the future,” Rhodes said.
US Lawmakers Reintroduce Bill to Provide Tax Relief for Small Crypto Transactions
The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement has been reached between the congressman who introduced the provision and an industry think tank that lobbied against it.
House Bill Could Let Treasury Secretary Block International Crypto Transactions
A provision in the America COMPETES Act would give the Treasury secretary the power to block U.S. firms from interacting with some crypto transactions or exchanges, if it becomes law.
Why Congressman Tom Emmer Wants to Limit the Fed’s Ability to Issue Digital Dollar
Congressman Tom Emmer (R-MN) shares insights into his new bill aimed at prohibiting the Federal Reserve from issuing a CBDC directly to individuals. This comes after the Fed has just released a white paper on the digital dollar.
LIVE BLOG: Congressional Hearing Puts Crypto Energy Use in the Crosshairs
Follow along as CoinDesk reporters provide updates.
US Congress Organizing Hearing on Crypto Mining
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De shares his insights on an upcoming Congressional hearing that will examine the environmental impact of crypto mining, especially on the bitcoin network. The Oversight and Investigations subcommittee of the House Energy and Commerce Committee is currently drawing up a list of witnesses while the date still has yet to be set.
