Congress Financial News

16.11 / 19:47

regulation Congress investigation lawmaker hearing FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing

Members of the United States House Financial Services Committee have scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for the digital asset ecosystem.”

15.11 / 23:47

regulation Congress corruption Thousands petition for congressional investigation of alleged Gensler–SBF links

Almost 4,000 people have used a CryptoLaw petition app to demand that Congress investigate United States Securities and Exchange Commission head Gary Gensler’s “actions in the FTX fraud,” the organization claimed in a tweet on the morning of Nov. 14.

14.11 / 09:41

business Blockchain Adoption Congress lawmaker US lawmaker blames 'billionaire crypto bros' for delayed legislation

United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation.

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.

10.11 / 22:57

regulation SEC Congress Sec Chair lawmaker regulatory Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regulatory monopoly'

Tom Emmer, the recently re-elected Republican lawmaker representing Minnesota’s 6th district in the United States House of Representatives, has alleged Securities and Exchange Commission chair Gary Gensler had been helping FTX CEO Sam Bankman-Fried to gain a “regulatory monopoly” through the crypto firm.

10.11 / 22:05

Law regulation Congress lawmaker US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection amid FTX facing liquidity issues.

09.11 / 22:55

Congress Elections Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?

Results from many election races for seats in the United States Senate and House of Representatives are still coming in, but a number of candidates who have expressed staunch views on digital asset regulation won on Nov. 8.

02.11 / 03:45

business Congress Elections FTX exec revealed as big donor to Oregon Democrats following misidentification

A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon.

25.10 / 22:19

regulation Congress lawmakers US lawmakers US lawmakers question regulators over ‘revolving door’ with crypto industry

Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure.

13.10 / 22:20

Law regulation SEC Congress lawmaker US lawmaker says crypto regulation from SEC is 'needed now'

John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for the crypto market.

06.10 / 01:11

regulation Department Of Justice Congress lawmakers US lawmakers US lawmakers request Justice Dept share CBDC assessment

Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten days.

05.10 / 14:17

Blockchain regulation Congress Regulations are coming — and this DAO wants voices of Web3 users to be heard

A decentralized autonomous organization (DAO) has been established to serve as an ally for every project and business that's embracing Web3.

29.09 / 22:31

Stablecoin Congress Voting lawmaker US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies

North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox for calling for votes in the 2022 United States midterm elections.

28.09 / 01:35

Law regulation Congress lawmaker Time NOT regulatory 'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker

New Jersey Representative Josh Gottheimer said that United States lawmakers needed to pass legislation clarifying regulators’ role over crypto or risk companies taking their business abroad.

20.09 / 12:49

Adoption Congress Congress demands crypto payments notification from DOS when helping Ukraine

A new bill demanding a congressional notification prior to payments of the United States Department of State (DOS) rewards using cryptocurrencies surfaced as the U.S. Congress raised concerns about the evasion of sanctions.

19.09 / 22:25

CFTC SEC Congress The crypto industry can trust Cynthia Lummis to get regulation right

As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust Senator Cynthia Lummis. Her proposal with Senator Kirsten Gillibrand, which we’ve all been waiting for action on, is bipartisan in nature.

16.09 / 00:23

Government Law IOTA Congress IOTA co-founder: Lummis-Gillibrand is a blessing for the crypto industry

There’s never a good time for a crypto winter, but it would be difficult to envision a worse time than right now.

06.09 / 16:43

Technology Adoption Congress US regulators DeFi Regulations: Where US regulators should draw the line

Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space.

05.09 / 12:43

Adoption Congress Bitcoin US congressman and crypto skeptic explains why a crypto ban won't work

In a recent interview, United States congressman and a known crypto skeptic Brad Sherman claimed that banning cryptocurrencies is not an option at this point.

31.08 / 11:03

business Binance Congress US Congressman to review all Binance US files related to consumer safety

Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents that prove the exchange’s adherence to various investor-centric safety protocols. The request comes from a Subcommittee chairman under the United States House Committee on Oversight and Government Reform.

05.08 / 10:11

CFTC SEC Congress Congress will likely decide the fate of crypto jurisdiction: Lummis staffer

A United States Senator Cynthia Lummis staffer believes that U.S. Congress will have to step in and resolve the dispute between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding who regulates cryptocurrencies if the matter cannot be resolved internally.

what you should know about Congress

What is Congress and why is it gaining attention?

Congress is a trending topic that interests a wide audience. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Congress?

All latest articles about Congress can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on Congress?

We consult with professionals to ensure that the information about Congress is well-supported and informative for our readers.