Congress
Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much
It could just be the U.S. is not the center of the crypto universe.
US Reps. Emmer, Soto Reintroduce Legislation to Clarify 'Money Transmitter' Designation
The congressmen called proposed guidance from the Financial Action Taskforce "concerning."
Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”
IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.
Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.
By Taxing Crypto, the US Government Has Accepted It's Here to Stay
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources to crack down on the crypto sector.
There’s Still Time to Fix Congress’s Crypto-Tax Mess
The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.
Gary Gensler’s Insane Crypto Policy
Gensler wants to follow in his predecessor's footsteps and treat the crypto industry as something to stifle rather than support.
