Opinion

Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass

Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Opinion

El proyecto de ley sobre criptomonedas de Warren probablemente sea inconstitucional. También es poco probable que pase

Los legisladores demócratas firmaron para patrocinar la Ley contra el lavado de dinero de activos digitales. El proyecto de ley es malo para las Cripto en los EE. UU., incluso si nunca llega a ser aprobado por el Congreso.

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Opinion

Законопроект Уоррена про Крипто, ймовірно, є неконституційним. Це теж навряд чи пройде

Демократичні законодавці підписали підписку про підтримку Закону про боротьбу з відмиванням грошей у цифрових активах. Законопроект поганий для Крипто в США, навіть якщо він ніколи не пройде через Конгрес.

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Videos

Messari CEO Reflects on Senate’s Influence on Crypto Industry

As part of CoinDesk's Most Influential 2023, Messari CEO Ryan Selkis discusses the impact of Washington's influence on the crypto sector. "The ongoing Democratic control of the Senate in the U.S. will basically set the crypto industry back to 2030. And most people would be better off moving offshore than continue to operate in the U.S," Selkis said.

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Videos

Sens. Lummis, Gillibrand Discuss Regulatory Landscape for Crypto in the U.S.

As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-W.Y.) discuss why they're urging the inclusion of an illicit finance amendment to the final version of the Senate's defense spending package. Plus, a wider conversation on the outlook for crypto legislation and the biggest regulatory challenges in Congress.

Recent Videos

Policy

Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation

The crypto-oriented duo of Sens. Gillibrand and Lummis are pressing for smaller slices of their wide-reaching crypto bill to get done, and they predict TradFi's arrival in ETFs could help.

U.S. Sens. Kirsten Gillibrand and Cynthia Lummis are hopeful about aspects of their sweeping crypto bill. (Stephen Lovekin/Shutterstock for CoinDesk)

Policy

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.

House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)

Policy

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

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.

House Financial Services Committee Chair Patrick McHenry (left) and Ranking Member Maxine Waters (Alex Wong/Getty Images)