U.S. Senate

U.S. Senate

Policy

Congress' Budget Bill Advances From Senate Without Crypto Tax Provision

Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.

U.S. Senate votes to approve budget bill (video capture, U.S. Senate)

Policy

Leading Crypto Senator Sees End of Year as U.S. Legislation Target

Senator Cynthia Lummis said her realistic goal for the crypto bills is the close of 2025, despite President Donald Trump's wish to sign legislation in August.

Senator Cynthia Lummis, a Wyoming Republican (Jesse Hamilton/CoinDesk)

Policy

Trump's Crypto Ties Still Toxic With Some Dems, Including One Seen as Industry Ally

As the Senate shifts from stablecoins to market structure, Trump's digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.

Senator Adam Schiff

Policy

U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win

The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

News Analysis

Can Tether's Dominance Survive the U.S. Stablecoin Bill?

Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how Tether may respond.

U.S. Capitol and Tether (Jesse Hamilton/CoinDesk)

Policy

Senate Begins Passage of Stablecoin Bill as House Marks Market-Structure Wins

The U.S. Congress is in the thick of its crypto efforts this week, with the Senate starting on final votes to approve its first-ever crypto bill.

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

Policy

Crypto Lobbyists Urge U.S. Senators to Dodge Distraction in Stablecoin Debate

Top industry advocacy groups requested that the Senate stick to the task at hand as it mulls its stablecoin bill while unrelated amendments loom.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

In Final Days of Senate Stablecoin Debate, Trump's Crypto Ties to Remain in Spotlight

Though the U.S. stablecoin bill is widely expected to clear its biggest hurdle soon, Trump's crypto interests will be targeted with an attempted amendment.

 and Elizabeth Warren have pitted themselves against Donald Trump's crypto relationship. (Jesse Hamilton/CoinDesk)

Policy

Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester

Last-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens.

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

Policy

Senate Republicans Making Plea to Get on With Stablecoin Debate

Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.

Senate Majority Leader John Thune (U.S. Senate video capture)