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Latest US Senate News
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The "big, beautiful bill" passed the Senate, without a single mention of crypto in the 1000-page document.
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Bitcoin
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The Senate is racing toward a September finish line for crypto rules. But with the House stuck at the starting block, this legislative marathon might take longer than anyone expected. At a Thursday press briefing, Senate Banking Committee Chair Tim…
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In a historic vote, the U.S. Senate has passed the GENIUS Act, a bipartisan bill aimed at establishing federal rules for stablecoins. According to a CNN report, on June 17, the bill cleared the Senate with strong bipartisan support in…
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The U.S. Senate voted 68-30 on Wednesday to invoke cloture on the GENIUS Act, a major stablecoin bill, paving the way for a final floor vote scheduled for next Monday. If passed, the bill could set the first national regulatory…
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The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results published on the Senate’s website, the bill passed by a…
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Senators are expected to hold another vote Monday night on advancing the GENIUS Act, a bill that would set the first U.S. rules for stablecoins. The renewed effort follows a failed vote earlier this month after Democrats raised concerns about…
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The U.S. Senate’s effort to regulate stablecoin issuers could soon return to the floor, following a week of stalled progress tied to partisan concerns over President Donald Trump’s crypto connections. Lawmakers are close to finalizing updated language in the bill,…
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A group of Democratic U.S. senators is calling for a federal investigation into Binance’s connections with the Trump family’s cryptocurrency venture, World Liberty Financial. This investigation request following a $2 billion investment that raised compliance concerns, according to Bloomberg reporting.…
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The U.S. Senate voted Thursday against advancing the GENIUS Act, a key bill that would regulate stablecoins, marking a setback for the crypto industry’s push for regulatory clarity. The procedural cloture vote failed 48-49, falling short of the 60 votes…
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Nine Senate Democrats who once supported crypto legislation are now opposing a major stablecoin bill, highlighting growing divisions over digital asset regulation.
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New Hampshire’s move toward integrating digital assets into its financial strategy took a step forward this week as House Bill 302, which would enable the state to invest in Bitcoin and precious metals, passed its second Senate committee. The bill,…
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Bitcoin
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U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act. This act is a bipartisan bill designed to prevent crypto custodians from co-mingling customer assets with company funds and to strengthen reserve transparency requirements.…
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President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration. According to an Apr. 10 press release statement from Rep. Mike Carey (R-Ohio), who introduced the bill alongside Sen.…
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A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the stage for the president’s expected sign-off. On March 26, the Senate voted 70-28 in favour of repealing the controversial DeFi…
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Maryland Delegate Adrian Boafo and New York Assemblyman Clyde Vanel have urged top Democratic lawmakers to establish a federal cryptocurrency regulatory framework. The lawmakers cautioned in a letter that inconsistent state laws might impede financial innovation. They addressed Senators Elizabeth…
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A North Dakota bill that places various safeguards on cryptocurrency ATMs, including a daily transaction cap and mandatory fraud warnings, has passed the Senate. On March 18, House Bill 1447 cleared the Senate in a 45-to-1 vote, bringing it a…
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