Senate

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
The legislation would set up a federal group to assess crypto in terrorism and illicit finance and make recommendations for heading it off, but the bill isn't expected to clear the Senate.

U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery
Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off
The industry says a surprise section in a recent spending bill could slam crypto with sanctions threats, but a key Senate office is now meeting with digital assets sector insiders.

U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Joe Biden said he would veto the resolution before the House or Senate voted on it.

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress
The Oregon Democrat has been among his party's crypto sympathizers in the Senate, and he said there's "a long way to go" after this early burst of crypto momentum in Washington.

U.S. House's Emmer Says Best Hope for Crypto Legislation Is Year-End Session
The Republican majority whip, Rep. Tom Emmer, suggested headwinds for a major crypto bill in this waning session, with a best shot in the so-called lame-duck session after the election.

U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat
A dozen Democrats joined 48 Republicans in voting to repeal SAB 121.

House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources
Critics of the SEC bulletin argue it constrains companies unfairly.

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.

