Congress


Политика

Jump Crypto Adds $10M to Industry's U.S. Political War Chest, Raising PAC to $169M

The digital assets industry's Fairshake PAC is a congressional heavyweight with recent influxes, and its latest filings will indicate it still has $109M to spend.

Jump Crypto's new $10 million donation to the industry's Fairshake PAC further bolsters the U.S. campaign juggernaut. (CoinDesk/Alexander Mils, Unsplash)

Политика

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

The industry says a surprise section in a recent spending bill could slam crypto with sanctions threats, but a key Senate office is now meeting with digital assets sector insiders.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Политика

Flood of Cash From Coinbase Gives Crypto One of the Biggest Campaign War Chests

Coinbase followed Ripple and a16z in each giving a new $25 million to their political action committee, Fairshake, as the general election approaches that may shift crypto's destiny.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Политика

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.

Chair Gary Gensler continues to defend his agency's Staff Accounting Bulletin No. 121 on handling crypto. (Jesse Hamilton/CoinDesk)

Политика

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry – the chief GOP negotiator on crypto legislation – said future policy is now assured by a major bipartisan showing for his effort in the House of Representatives.

Rep. Patrick McHenry told a Consensus 2024 audience that crypto law is inevitable by next year. (Shutterstock/CoinDesk/Suzanne Cordiero)

Мнение

Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?

While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

Политика

U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC

The bill's prospects in the Senate are unclear, however.

U.S. Capitol Building (Louis Velazquez/Unsplash)

Мнение

The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry

For too long, the regulatory landscape for digital assets in the United States has been an untenable. FIT21 represents a notable step in the right direction, Blockchain Association CEO Kristin Smith writes.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Политика

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

The House's passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action.

The U.S. House of Representatives passed its first significant crypto regulation bill. (Jesse Hamilton/CoinDesk)

Мнение

Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?

An encouraging sign of bipartisan agreement over sane digital asset rules is also business as usual.

(President Joseph Biden, on Twitter/X)