crypto legislation

crypto legislation

Policy

U.S. Federal Reserve's New Supervision Chief Sold on Bringing Crypto to Finance

The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.

Federal Reserve Governor Michelle Bowman (Federal Reserve Board)

Policy

New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education

The American Innovation Project is the latest digital assets advocacy organization to launch, but its tax status could help it find a niche.

American Innovation Project

Policy

U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity

The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening a comment period.

U.S. Treasury Department in Washington, D.C. (Jesse Hamilton/CoinDesk)

Policy

Wall Street Joins Consumer Advocates to Call for Edit to GENIUS Act on Stablecoins

U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

Who Is Patrick Witt, President Trump's Next Senior Adviser on Crypto?

The White House's crypto group will apparently be led again by an ex-college football star-turned-politician, though this one has some deeper DC roots.

Patrick Witt readies a pass when he led the Yale Bulldogs in 2010. (Elsa/Getty Images)

Policy

No U.S. Bitcoin Reserve Plans as White House Touts Crypto Report

The report on the government's crypto plans doesn't offer a ton of surprises, mostly echoing familiar policy work, and it's got nothing new on the crypto stockpiles.

Donald Trump (Jesse Hamilton/CoinDesk)

Policy

New Lummis Bill Would Back Effort to Ensure Crypto Assets Can Justify U.S. Mortgages

U.S. Senator Cynthia Lummis introduced another crypto bill, this one meant to reinforce an effort underway to allow use of digital assets in mortgage underwriting.

U.S. Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

News Analysis

Trump Eyes Moving U.S. Economy Further Into Crypto Via Mortgages, 401(k)s

Democrats continue to object as this week promises more developments in the White House's strategy to get digital assets involved in U.S. economic mainstays.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Policy

Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now

Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.

Tether CEO Paolo Ardoino at White House

Policy

GENIUS Act for Stablecoins Passes House on Way to Being First Major U.S. Crypto Law

On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.

White House official Davis Sacks and top Republicans (Jesse Hamilton/CoinDesk)