U.S. Congress

U.S. Congress

Policy

New SEC Chief Atkins Says Agency Doesn't Have to Wait to Impose Crypto Policy

In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

U.S. SEC's Crypto Trading Roundtable Delves Into Easing Path for Platforms

Interim SEC Chairman Mark Uyeda hints at interest in a short-term solution for overseeing crypto firms while the agency contemplates permanent rules.

Securities and Exchange Commission's Hester Peirce

Policy

President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi

The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.

(Jesse Hamilton/CoinDesk)

Policy

U.S. House Hearing Marks Progress Toward Crypto Market-Structure Bill

Panel Democrats were stymied by witnesses declining to talk about potential conflicts of interest from President Donald Trump's crypto businesses.

Rep. Bryan Steil, chairman of the digital assets subcommittee (Jesse Hamilton/CoinDesk)

News Analysis

Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise

As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source

Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule

A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Policy

SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Policy

Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule

In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.

CoinDesk

Policy

Crypto Industry Gets Chance to Make Its Case to U.S. Congress

In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)