US Congress News

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.

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

The U.S. securities and exchange commission (SEC) chairman, Gary Gensler, recently participated in a budget hearing for the fiscal year 2024, discussing the regulation of cryptocurrency markets and consumer protection.

Coinbase CEO Brian Armstrong has lauded U.S. lawmakers’ decision to revive a bill seeking to clarify crypto tax reporting.

U.S. lawmakers are pushing for the reintroduction of the bill responsible for reforming how digital assets are evaluated for tax purposes.

Representatives McHenry and Huizenga of the US House Financial Services Committee have voiced their concerns about the cooperation between the United States Securities and Exchange Commission (SEC)and the Department of Justice (DoJ).

Last week in crypto saw sustained regulatory efforts amid increased adoption as Sam Bankman-Fried faced more challenges in the ongoing FTX case.

Chad Pegram, Senior congressional correspondent, said virtual currencies are less regulated than other asset classes. 

Based on publicly available disclosures, many US Congress members beat the wider markets for another year.

The internet is heating up regarding the arrest, arraignment, and grilling of FTX ex-CEO Sam Bankman-Fried. Here is how things have unfolded in the case hearing by the court and US Congress

Rep. Tom Emmer has revealed plans to reintroduce the Blockchain Regulatory Certainty Act.

Lawmakers wanted to question the disgraced FTX founder, but Bankman-Fried may be hesitant to discuss FTX because lying under oath to Congress is illegal.

In the wake of the FTX implosion, Lawmakers who benefited from FTX cash set out to probe its collapse.