Senate Banking Committee


Policy

Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy

The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.

Senator Tom Cotton, who chairs the Senate Banking Committee ecnomic subcommittee, said U.S. dollar supremacy helps it maintain its sanctions regime while asking about the potential benefits of a digital dollar. (Michael Vadon/Flickr)

Markets

US Senators Float Bill Requiring Congressional Watchdog to Study Crypto's Role in Trafficking

Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking.

Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)

Markets

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)

Policy

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.

Christopher Giancarlo (CoinDesk archives)

Markets

Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners

A former U.S. Treasury official urged Congress to regulate cryptocurrency miners in order to fight human trafficking.

David Murray

Markets

US Senator: 'I Don't Think You've Persuaded Anyone' Crypto Creates Financial Inclusion

Sen. Brian Schatz (D-Hawaii) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing.

Senator Brian Schatz

Markets

Watch the Senate Banking Committee’s Crypto Regulation Hearing Live

The U.S. Senate Banking Committee is about to hold its hearing on regulation for cryptocurrencies and blockchain. Here's how you can watch it.

US Capitol (Shutterstock)

Markets

Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class

Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing.

Jeremy Allaire, Circle (CoinDesk archives)

Markets

Senate Banking Committee to Hold Hearing on Crypto Regulation

The Senate Banking Committee has scheduled a hearing on cryptocurrency and blockchain regulatory frameworks for July 30.

shutterstock_69907924

Markets

Congress Drew a Fine Line Between Libra and Crypto – That's a First

Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach.

facebook, bitcoin