Legislation


Policy

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

The Ever-Dwindling Chances for a Stablecoin Law

The timeline for the introduction, markup and passage for a stablecoin bill is getting tight as Congress gears up for election season.

Senators Kirsten Gillibrand (left) and Cynthia Lummis (Suzanne Cordiero/Shutterstock/CoinDesk)

Policy

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)

Policy

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again

Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."

(Andy Feliciotti/Unsplash, modified by CoinDesk)

Policy

England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.

UK United Kingdom British England Flag (Unsplash)

Policy

Crypto Action in Senate Remains on Back Burner: Sources

Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far holding off.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

Economic Secretary to the Treasury Bim Afolami has said the U.K. government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

Policy

U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism

The Treasury's top official on terrorism, Brian Nelson, said Hamas and other groups still prefer traditional financing, and crypto isn't figuring into their funding in a big way.

The U.S. is weighing crypto tax rules, and a hearing today will hear from industry representatives worried about the government going too far. (Jesse Hamilton/CoinDesk.)