Senate
Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
Messari CEO Reflects on Senate’s Influence on Crypto Industry
As part of CoinDesk's Most Influential 2023, Messari CEO Ryan Selkis discusses the impact of Washington's influence on the crypto sector. "The ongoing Democratic control of the Senate in the U.S. will basically set the crypto industry back to 2030. And most people would be better off moving offshore than continue to operate in the U.S," Selkis said.
Sens. Lummis, Gillibrand Discuss Regulatory Landscape for Crypto in the U.S.
As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-W.Y.) discuss why they're urging the inclusion of an illicit finance amendment to the final version of the Senate's defense spending package. Plus, a wider conversation on the outlook for crypto legislation and the biggest regulatory challenges in Congress.
Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation
The crypto-oriented duo of Sens. Gillibrand and Lummis are pressing for smaller slices of their wide-reaching crypto bill to get done, and they predict TradFi's arrival in ETFs could help.
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.
Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg
Bragg said the Labor government had put regulating crypto in the slow lane.
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.
Bipartisan Senate Bill Wants DeFi to Impose Bank-Like Controls on User Base
Some U.S. Senators are introducing a new bipartisan bill that would place stringent anti-money laundering (AML) requirements on decentralized finance protocols. The bill was introduced Wednesday by Sen. Jack Reed (D-R.I.) a member of the Senate Banking Committee. Mike Rounds (R-S.D.), Mitt Romney (R-UT) and Mark Warner (D-VA) are co-sponsors. "The Hash" panel discusses details from the description of the bill reviewed by CoinDesk and outlook on U.S. regulation within the crypto sector.
New U.S. Senate Bill Wants to Regulate DeFi Like a Bank
DeFi protocols would need to impose strict controls on their users.
