Legislation

Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud
The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.

Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chair Jerome Powell testified in the House Financial Services Committee, saying Fed staff has been in talks with lawmakers on crypto legislation that is expected to be marked up in July.

New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball
Draft legislation from key committee chairs represents this year’s most significant proposal for how the federal government might build guardrails around the digital assets sector.

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
In a Senate hearing, a top U.S. Treasury official said Chinese drug makers have found crypto payments “appealing,” and Warren cited Elliptic research to back a push for legislation.

House Democrats Consider New Stablecoin Bill Proposal: Source
The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.

Joint U.S. House Hearing on Crypto’s Future Opens With Discord
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.

Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
The bill was introduced Thursday by Senators Kirsten Gillibrand and Ted Budd, and Congressmen Zach Nunn and Jim Himes.

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Their latest draft legislation sets up shared federal and state oversight and says stablecoins aren’t securities, but it’s uncertain what bipartisan support the effort will find.

Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
CoinDesk columnist and "All About Bitcoin" host George Kaloudis explores Washington, D.C.’s, love affair with central bank digital currencies.
