Congress
Could Regulatory Clarity Remove Barriers to Crypto Innovation?
Rep. Warren Davidson (R-Ohio), one of the authors of a new bipartisan bill in Congress that aims to provide regulatory clarity to the crypto industry, shares his insights on the current state of governmental regulation. “That’s the thing this space needs, is clarity,” said Davidson. “Not no regulation, but a light touch to provide certainty.”
Bitcoin Retakes $50K on US Stimulus Progress; Uniswap’s UNI Cracks the Top 10
The top cryptocurrency is changing hands near $50,500 at press time, representing a 4% gain on the day.
US Senate Approves $1.9T Stimulus Plan, Measure Returns to the House
Because the stimulus package would likely be a boost for stock markets, it could also provide a lift to the price of cryptocurrencies.
For a Sense of Gensler's SEC, See His CFTC
How Gary Gensler approached the $400 trillion swaps market at the CFTC points to how he might approach crypto at the SEC.
Congressional Hearings on Domestic Terrorism Avoid Blaming Bitcoin
Many in the crypto world were concerned that, following the January Capitol Hill insurrection, Congress would single out bitcoin as a means of funding domestic terrorism. But according to CoinDesk's Nik De, during Thursday's hearing bitcoin was not singled out. Instead, it was lumped into the same category as other online payments like PayPal. "As far as the crypto industry is concerned, I would say it was a largely positive hearing," De said.
Here’s What Happened at the GameStop Hearings
Key questions remain following yesterday’s GameStop hearing. CoinDesk regulatory reporter Nik De joins “First Mover” to discuss the testimony and next steps.
GameStop Hearings Underway; Here's What That Could Mean for Crypto
CoinDesk regulatory reporter Nik De weighs in on what the GameStop congressional hearings could mean for the crypto world, and what fans of cryptocurrencies should look out for in the coming days.
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Robinhood CEO to Testify Before Congress. Here’s Why that Matters for Bitcoin.
Vlad Tenev, CEO of Robinhood, is expected to testify before Congress next week. The chance to put both Silicon Valley and Wall Street in the hot seat is “catnip for Congress” says CoinDesk senior research analyst Galen Moore.
US Congress Plans Hearings on GameStop Market Pumps
While Congress is planning multiple hearings, it's less clear what financial regulators might do.
