U.S.Senate News

19.05 / 06:03
Stablecoin regulation Tether Circle Congress Paxos Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Stablecoin issuers including Tether, Circle, and others have spent well over a million dollars lobbying lawmakers on Capitol Hill since the start of 2022, according to recent data.
24.02 / 18:05
Government Adoption Investments us government Pensions Retirement Bitcoin retirement plans elicit caution from regulators
Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement funds offering exposure to digital assets.
05.01 / 22:07
Law regulation Congress US senator behind efforts to pass major crypto bill won't seek re-election
Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025.
17.12 / 22:43
regulation SEC FTX Congress SEC was “asleep at the wheel” about FTX - US Rep. Sessions
The Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative Pete Sessions said in the Saturday Report on December 17.
07.12 / 01:13
Law regulation crimes FTX Fried Sam Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
Former FTX chief executive officer Sam Bankman-Fried has reportedly hired Mark Cohen, a former federal prosecutor, to act as his defense attorney.
11.11 / 09:33
business Blockchain CFTC Congress Senators US senators commit to advancing crypto bill despite FTX collapse
United States senators Debbie Stabenow and John Boozman have doubled down on their commitment to publishing a final version of the Digital Commodities Consumer Protection Act 2022 (DCCPA) in the wake of FTX’s shocking collapse.
23.09 / 13:23
Citi Provident Digital Williams This Crypto-Friendly Bank is Suing the Fed and Why a Win Would Be Hugely Price-Positive for Digital Assets
U.S. digital asset-focused bank Custodia has filed a lawsuit against the Federal Reserve (FED) Board of Governors and the Federal Reserve Bank of Kansas City over “unlawfully” delaying its application for a master account with the FED. The bank received major backing earlier this week after seven U.S. Congressmen submitted a friend of the court brief. The lawmakers urged a Wyoming court to dismiss the FED’s motion to dismiss the lawsuit.
13.06 / 22:15
Binance regulation Bitcoin Regulation Terra Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here
One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And, it’s finally here. Last week, Lummis and Gillibrand introduced a 69-page bill in the U.S. Senate. What’s inside? The projects of study on the environmental impact of digital assets and advisory committee on innovation, a tax structure, a mandate for analysis of the use of digital assets in retirement savings and much more.
31.03 / 00:55
Blockchain Adoption regulation Federal Reserve retail CBDC Ted Cruz introduces companion to Emmer's bill to exclude Fed retail CBDC digital currency issue
Texas Sen. Ted Cruz introduced companion legislation into the U.S. Senate on Wednesday for Minnesota Rep. Tom Emmer’s bill prohibiting the Federal Reserve from issuing central bank digital currency, or CBDC, directly to individuals, Emmer announced. Emmer introduced the House bill Jan. 18. Fellow Republican Cruz’ legislation could potentially speed up passage or rejection of the bill by allowing it to be considered in both chambers of Congress at the same time. 
02.02 / 00:39
Government regulation SEC SEC's proposed rule on exchanges could threaten DeFi, says Crypto Mom
Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as Crypto Mom, is warning that a proposed rule from the agency could potentially affect the regulation of firms involved with decentralized finance.
31.01 / 13:25
Target Senate Nears Completion of Measures Targeting Russian Economy in Event of Ukraine Invasion
WASHINGTON—Bipartisan legislation aimed at striking the Russian economy if President Vladimir Putin invades Ukraine is nearing completion in the U.S. Senate, key senators said Sunday.
19.11 / 01:31
Fighting Political Calculus Confronts Biden on Fed Pick of Powell vs. Brainard
Looming in the background of President Biden’s choice for Federal Reserve chair is a political question: How much of a fight would Chairman Jerome Powell or governor Lael Brainard face to garner 50 votes in the U.S. Senate.
16.11 / 00:43
Government Law IRS Broker President Biden signs infrastructure bill into law, mandating broker reporting requirements
After months of scrutiny from both the U.S. Senate and House of Representatives, the infrastructure bill — criticized by many crypto advocates — is now officially the law of the land.

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