Senate


Policy

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.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Policy

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.

President Joe Biden made good on his vow to veto Congress' effort to overturn a controversial crypto accounting policy from the Securities and Exchange Commission. (Chip Somodevilla/Getty Images)

Policy

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.

Sen. Ron Wyden, who heads the Committee on Finance, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Policy

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.

Tom Emmer, Majority Whip of U.S. House of Representatives speaks at Consensus 2024. (Shutterstock/CoinDesk)

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Policy

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.

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

Policy

House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources

Critics of the SEC bulletin argue it constrains companies unfairly.

US Capital building (Matt Anderson/Getty Images)

Policy

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.

Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)

Policy

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

Digital assets are the "payment of choice" for child sexual-abuse materials, Sens. Elizabeth Warren and Bill Cassidy wrote in their letter, asking what tools the feds need.

U.S. Sen. Elizabeth Warren asked Attorney General Merrick Garland what more can be done to stop crypto use in child sexual abuse.  (Jesse Hamilton/CoinDesk)

Policy

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)