U.S. Senate

U.S. Senate

Policy

U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House

A bipartisan housing bill was approved in the Senate, carrying an unrelated ban on U.S. central bank digital currencies, but its future remains uncertain.

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

Policy

Senators try to unlock stalled crypto Clarity Act with compromise on stablecoin yield

As the window narrows to pass a crypto market structure bill this year, lawmakers told bankers at a Washington summit that the final bill won't risk deposits.

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

News Analysis

Trump's threat to block Congress over voter-ID law leaves crypto bill on shakier ground

At a Republican event, the U.S. president delivered a speech that doubled down on recent comments he won't sign anything else until he gets the voting bill.

U.S. President Donald Trump at a Republican congressional event in Florida (capture from White House video)

Finance

U.S. Senator opens probe on Binance over alleged $1.7 billion flow to Iranian entities

Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.

Capitol in Washington, D.C. (Harold Mendoza/Unsplash)

Policy

Crypto group counters Wall Street bankers with its own stablecoin principles for bill

After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards.

The White House, the executive office of the U.S. President (Jesse Hamilton/CoinDesk)

Policy

Key Senate Democrat wants U.S. crypto bill to move, and SEC chief reveals danger of defeat

Senator Mark Warner, a leading Democratic negotiator on the market structure bill, said he wants it to pass, and SEC chief Paul Atkins said durable policy actually requires it.

U.S. Senator Mark Warner, a Virginia Democrat (Chip Somodevilla/Getty Images)

Policy

Crypto bill clears U.S. Senate milestone despite Democrat opposition

The market structure legislation for the first time advanced beyond a committee, setting up the next steps that could end with a vote of the overall chamber.

Democratic Senator Corey Booker (screen capture, Senate Agriculture Committee)

News Analysis

The big U.S. crypto bill is on the move. Here is what it means for everyday users

For those who don't have the compass and the time to track Congress through its arcane procedures, here's what's likely to affect you if a bill passes. Or doesn't.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Policy

Senate Democrats serious about crypto bill reboot, they said in call with industry

The Democratic contingent in negotiations over U.S. crypto market structure got back into the talks over the bill, though they sought to keep details private.

The U.S. Capitol will see an influx of new members of Congress next year whose campaigns were supported by crypto donations. (Jesse Hamilton/CoinDesk)

Policy

Senate Democrats pursuing a Friday call with crypto industry on market structure bill

A call is being planned to discuss the state of the legislation that's now been postponed in the Senate Banking Committee, sources say.

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