Congress

SEC Chair Gary Gensler Recommends Congress Regulate Crypto Exchanges
“There’s really no protection around fraud or manipulation,” Gensler said in his first public hearing since taking the reins at the agency.

Ex Florida Tax Collector Offered Roger Stone Bitcoin in Hopes of a Trump Pardon
"If I get you $250K in bitcoin would that help?" Joel Greenberg reportedly asked.

Sen. Cynthia Lummis on Bill to Create First SEC-CFTC Digital Asset Task Force
The U.S. Senate Banking Committee is considering a bill that would create a digital asset working group to ensure collaboration between regulators and the private sector to foster innovation. Pro-bitcoin committee member and Wyoming Senator Cynthia Lummis weighs in on the legislation and how Congress will receive it.

State of Crypto: Congress Takes One Step Closer to Regulatory Clarity
A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.

US House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working Group
The Eliminate Barriers to Innovation Act of 2021 seeks to establish a digital asset working group with representatives from the SEC and CFTC.

US Policy Adviser Rebuts Peter Thiel: Bitcoin Won't Undermine USD
One policy maker says China is unlikely to use bitcoin as a financial weapon against the U.S. dollar.

Yellen and Powell Make First Joint Appearance Before Congress
Treasury Secretary Janet Yellen and Fed Chair Jerome Powell make their first joint public appearance before Congress today. Nik De breaks down what we can expect, including an update on the rollout of the CARES Act.

Could Regulatory Clarity Remove Barriers to Crypto Innovation?
Rep. Warren Davidson (R-Ohio), one of the authors of a new bipartisan bill in Congress that aims to provide regulatory clarity to the crypto industry, shares his insights on the current state of governmental regulation. “That’s the thing this space needs, is clarity,” said Davidson. “Not no regulation, but a light touch to provide certainty.”

Bitcoin Retakes $50K on US Stimulus Progress; Uniswap’s UNI Cracks the Top 10
The top cryptocurrency is changing hands near $50,500 at press time, representing a 4% gain on the day.

US Senate Approves $1.9T Stimulus Plan, Measure Returns to the House
Because the stimulus package would likely be a boost for stock markets, it could also provide a lift to the price of cryptocurrencies.

