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New Senate Committee Plan Could Grant CFTC Primary Crypto Jurisdiction

The Senate's agriculture committee, which oversees the Commodity Futures Trading Commission (CFTC), introduced a bipartisan bill Wednesday that would grant the CFTC "exclusive jurisdiction" over cryptocurrency trades that meet commodities law. "The Hash" discusses the latest in the U.S. crypto regulatory landscape amid an ongoing turf war.

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Policy

Senador republicano de EE. UU. busca apoyo bipartidista para la regulación de stablecoins

El republicano de mayor rango en el Comité Bancario del Senado está hablando con los demócratas, incluido el presidente Sherrod Brown, para obtener un apoyo más amplio.

El senador Sherrod Brown (izq) junto a Pat Toomey (der). (Tom Williams-Pool/Getty Images)

Policy

US Senators Push Bill to Make Small Crypto Transactions Tax-Free

The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.

Sen. Pat Toomey (R-Pa.) (Suzanne Cordeiro for CoinDesk)

Policy

Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto

The report is a preview of Fed Chair Jerome Powell's testimony in Congress next week.

Bankers are warning the Federal Reserve board about the dangers of launching a digital dollar, at a time when several new members were sworn in this week. (Drew Angerer/Getty Images)

Policy

CFTC Chief Heaps Praise on Bill That Boosts Agency’s Crypto Reach

Chairman Rostin Behnam supports the contours of the Lummis-Gillibrand regulatory bill released this week.

U.S. Commodity Futures Trading Commission Chairman Rostin Behnam says he's a fan of the sweeping new Lummis-Gillibrand bill that would establish crypto regulations.  (Chip Somodevilla/Getty Images)

Policy

Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing

A Senate Homeland Security hearing painted cryptocurrencies as the favorite payments for hackers.

A Senate committee held a hearing today on crypto's role in ransomware (japatino/Getty images)

Policy

US Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month

The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

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Bitcoin Miners Giving Up on New York Amid Regulatory Uncertainty

New York’s bitcoin mining companies are increasingly considering abandoning their aspirations in what was once a promised land. This comes as the state’s Senate considers a bill to ban new mining projects that use carbon-based energy sources, pending a review of the industry’s environmental impact.

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Policy

Crypto-Friendly Tim Ryan, J.D. Vance to Vie for Ohio's Open Senate Seat

Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies.

(Getty Images)

Videos

Crypto Community Rallies Against NY State New Mining Bill

A rally was recently held in Albany, New York, against the crypto mining bill that the State Senate will vote on soon. CoinDesk's Nikhilesh De shares his experience at the event, explaining why the Empire State's crypto community is frustrated with the legislation and a proposed alternative bill. 

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