US Congress News

Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of…

As Democrats and Republicans argue over DeFi, what message does Trump’s silence send to the crypto community? Is it a sign of disinterest or strategic neutrality? DeFi gets the spotlight On Sep. 10, the first-ever Congressional hearing on decentralized finance…

Decentralized finance defenders argued against imposing stringent anti-innovation rules on the fledgling digital asset industry. At a U.S. House Finance Services Committee hearing titled “Decoding DeFi: Breaking Down the Future of Decentralized Finance,” a roster of DeFi proponents testified to…

Fairshake, a prominent crypto-focused super PAC, plans to invest $25 million in TV ad campaigns to support 18 House of Representatives candidates from both parties.  According to Fairshake spokesman Josh Vlasto and Fox Business reporter Eleanor Terrett, this effort highlights…

The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck down the Securities and Exchange Commission (SEC)’s Staff Accounting Bulletin 121, or SAB 121. Biden vetoed the legislation after the…

Senators sent letters to several departments about Russia, Iran, and North Korea possibly using Tether's stablecoin to avoid U.S. sanctions.

Lawmakers discussed the Consumer Financial Protection Bureau's proposal to potentially bring payment applications, including those involving crypto, under its oversight.

Chairman of the Commodity Futures Trading Commission Rostin Behnam again asks the U.S. Congress to take active action in crypto regulation.

A recent poll by the Crypto Council for Innovation offers insights into the political preferences of crypto voters, potentially influencing the 2024 elections.

A petition aiming to prevent a proposed crypto ban in the U.S. has garnered attention. The Chamber of Digital Commerce has outlined concerns regarding anti-money laundering.

The latest U.S. defense bill has left out two crypto regulatory law proposals to cover the parameters surrounding money laundering and examining financial institutions

Since Oct. 3, when lawmakers removed then-Speaker of the House of Representatives Kevin McCarthy, no legislation has made significant progress through the United States Congress.

Government agencies intensify crypto-related crackdown amid increased scams, US Congress progress on regulations, Worldcoin triggers regulatory concerns

US Congressional committee to review bills for comprehensive crypto regulation, driven by recent financial mishaps in the industry

Senators Cynthia Lummis and Kirsten Gillibrand are reviving their proposed Responsible Financial Innovation Act to address ongoing discussions on cryptocurrency regulations. After much anticipation, Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are set to revisit their cryptocurrency law, the…

The CFTC is reviewing contracts offered by prediction market provider KalshiEX to ensure fairness and regulatory compliance