Legislation

Legislation

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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.

U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)

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Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.

House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)

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Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)

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U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.

U.S. Capital (Jesse Hamilton/CoinDesk)

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Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)

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U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.

U.S. Capital (Jesse Hamilton/CoinDesk)

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Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On

Among nine new supporters of the legislative effort to ward off illicit uses of crypto are Democratic chairs of the Homeland Security and Judiciary committees.

Elizabeth Warren (Courtesy of Sen. Elizabeth Warren)

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Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.

(Jesse Hamilton/CoinDesk)

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SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

Sen. Bill Hagerty, a Republican on the Senate Banking Committee, says the panel should be digging into the interactions between the securities regulator and the digital assets sector.

(Photo courtesy of the Securities and Exchange Commission)

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Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

(Jesse Hamilton/CoinDesk)