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Congress
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."

What’s at Stake for Crypto in India as the World’s Largest Democracy Is in the Midst of Its National Election?
Crypto’s significance as an election issue remains non-existent or at best negligible.

Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Shomari Figures just won the Democratic primary in Alabama after $2.7 million in outside support from one of the digital assets industry's main campaign-finance operations.

Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
In the House, Rep. Patrick McHenry recently said he remained optimistic about getting a U.S. stablecoin law passed.

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
