House of Representatives
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.
Rep. George Santos Reportedly Involved Crypto in Nigerian Prince-Like Scheme
George Santos, a first-term member of the House of Representatives, appears to be involved in a crypto-centric version of the classic Nigerian prince email scam geared toward a campaign donor, according to the New York Times. Santos is under indictment for thirteen felonies, including allegedly embezzling contributions from supporters. A request for comment sent to Santos' lawyer about the report was not immediately returned.
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
A bipartisan agreement on stablecoin legislation was in reach, according to the chair of the House Financial Services Committee, but the ranking Democrat said McHenry halted talks.
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
Armstrong will meet privately with Congress members from the New Democrat Coalition.
Joint U.S. House Hearing on Crypto’s Future Opens With Discord
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.
U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin bill is the first major piece of crypto legislation in 2023.
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
Majority Whip Tom Emmer is seeking to halt the Federal Reserve’s ability to issue a new digital dollar.
