US Senate News

Senator Cynthia Lummis released a report opposing the proposed 30% energy excise tax on miners. The politician published a report entitled “Powering Down Progress: Why A Bitcoin Mining Tax Hurts America,” which examines the Administration of U.S. President Joe Biden’s…

Biden: "Appropriate guardrails that protect consumers and investors are necessary to harness the potential benefits... of crypto-asset innovation."

House Financial Services Committee chair Patrick McHenry is urging the Senate to pass a crucial bill that seeks to clarify cryptocurrency regulations prior to the November presidential election in the U.S. On May 22, the U.S. House of Representatives approved…

The U.S. House of Representatives approved bill FIT21 by a majority of 279 to 136, pushing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) could significantly impact the cryptocurrency…

The U.S. Senate passed a measure to overturn an SEC bulletin on crypto custody standards, and it is now awaiting President Joe Biden's expected veto.

U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced a bill to regulate stablecoins.

18 U.S. senators, including Cynthia Lummis and Ted Cruz, actively support the cryptocurrency sector. According to the advocacy group Stand with Crypto Alliance, created with the support of the Coinbase exchange, the leader among legislators in the number of initiatives…

Discord regarding Bitcoin and cryptocurrencies persists between U.S. lawmakers after a year of growth for global adoption and the coming of spot BTC ETFs.

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

Ted Budd has presented the "Keep Your Coins Act" to Congress, legislation designed to ensure individuals' rights to directly manage their cryptocurrencies without compulsory third-party involvement.

The U.S. Senate has approved the 2024 National Defense Authorization Act (NDAA) to enhance oversight and transparency of crypto transactions

Senator Warren's call for tighter defi regulations has bipartisan support. A key act is being reintroduced to combat crypto-related crimes

The Crypto-Asset National Security Enhancement Act aims to enforce anti-money laundering measures on DeFi protocols

President Biden has assured the Senate Banking Committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank.

Democratic U.S. Senator Raphael Warnock has beaten Republican contender Herschel Walker in the Georgia run-off vote, and there are questions whether he will move to support cryptocurrencies.

Four U.S lawmakers on the Senate Banking Committee warns that SoFi's listing could pose a serious risk to investors.