Congress

Congress

Policy

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.

Rostin Behnam, chairman of the Commodity Futures Trading Commission (Andrew Harrer/Bloomberg via Getty Images)

Videos

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.

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Policy

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.

U.S. Representative Suzan DelBene (Karen Ducey/Getty Images)

Policy

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.

Rep. Jim Himes (D-Conn.) is chairman of the Subcommittee on National Security, which is holding a hearing on domestic terrorism financing on Thursday.

Policy

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.

Rep. Jim Himes (D-Conn.) introduced a provision allowing the Treasury Secretary to block certain financial transactions to a bill aimed at spurring competition with China. (Al Drago/Bloomberg via Getty Images)

Videos

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.

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Videos

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.

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Policy

Wyoming Sen. Lummis to Propose New Crypto Regulator, Clear Guidance in 2022 Bill

The bitcoin-holding U.S. senator is trying to “fully integrate” crypto into the U.S. financial system, an aide said.

Sen. Cynthia Lummis (R-Wyo.) walks the halls of the Capitol outside the Senate chamber on Aug. 10, 2021. (Liz Lynch/Getty Images)