Senate Banking Committee

Senate Banking Committee

Policy

Days of our market structure bills: State of Crypto

We have a new draft and fresh questions.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

News Analysis

Here's why Coinbase and other companies soured on the major crypto bill

Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

Senate files again for major crypto bill with stablecoin-rewards compromise, DeFi protections

A new draft of the Senate's legislation shows the bill has a compromise on stablecoin rewards and some protections for decentralized finance.

Senators Cynthia Lummis and Tim Scott, and White House crypto adviser Bo Hines (Jesse Hamilton/CoinDesk)

Policy

Senate Republicans race toward crypto vote on bill with uncertain Democratic buy-in

The Banking Committee chief confirmed Friday evening that he's pressing forward, though the Agriculture Committee says it still hopes for a bipartisan version.

Sen. John Boozman (Kayla Bartkowski/Getty Images)

News Analysis

What if crypto's U.S. market structure effort just never gets there?

Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

Senate Banking Chair Tim Scott: 12-18 Dems May Vote for Market Structure Bill

The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.

Sen. Tim Scott (Nikhilesh De/ColnDesk)

Policy

Senate Agriculture's Top Dem: Crypto Market Structure Effort Needs 'Serious Changes'

Two Senate committees – Banking and Agriculture – need to agree on a crypto market structure bill, and Ag's ranking Democrat outlined several areas to edit.

Senator Amy Klobuchar, D-Minn. (screen capture, Senate Agriculture Committee)

News Analysis

Dems Stall Stablecoin Bill, Jeopardizing More Important Crypto Regulation Bill

The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)

Policy

SEC Chair Nominee Paul Atkins to Face Senate Panel Next Week

Two top financial regulators in the crypto space have a date with the Senate as SEC nominee Paul Atkins and OCC pick Jonathan Gould get a March 27 hearing.

Paul Atkins and Christopher Cox

Policy

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.

Senator Tim Scott (Jesse Hamilton/CoinDesk)