Congress

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'
Dozens of mining firms came to Washington to steer the policy narrative away from negative environmental claims and make a case for mining as an economic and security boon.

The Congressional Keynote: Sens. Lummis, Gillibrand Discuss Crypto Regulation
U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-W.Y.) join CoinDesk's State of Crypto 2023 event in Washington, D.C. to discuss crypto legislation in Congress and the outlook for regulatory clarity in the digital assets space.

Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
The funding revelation caused an uproar in Washington. But there's no evidence for anything beyond "tiny" amounts of digital assets landing in terrorists' hands, the data firm Elliptic now says.

U.S. Regulators 'Owe the Marketplace Some Greater Clarity,' Former CFTC Commissioner Says
Former CFTC Commissioner Dawn Stump discusses the urgency for regulatory clarity in the crypto space and the responsibility of Congress when it comes to appointing a supervisor for the industry. "I do very much believe that Congress is going to have to authorize...one of the regulatory agencies to oversee and regulate the day-to-day spot market in the crypto community," Stump said. "The regulators themselves owe the marketplace some greater clarity."

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
In a letter to top U.S. security officials, 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism.

Why Congress Will Be the Dollar’s Downfall
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve.

U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won't have the No. 2 role to seek, another potential blow.

Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
If Republicans can’t unify behind Scalise or another choice to be speaker, paralysis in the House over crypto legislation and a potential government shutdown could continue.

Bitcoin Breaks Above $28K as U.S. Government Avoids Shutdown
Bitcoin (BTC)'s price climbed above $28,000 on Monday, logging its highest prices in over a month as analysts pointed to ETF optimism and seasonality as a few reasons behind the gains. Dexterity Capital Managing Partner Michael Safai discusses his crypto markets analysis as Congress averts a U.S. government shutown. Plus, his outlook for institutional interest in spot ETFs and crypto regulation.

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.

