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The bosses of Circle and Tether both set out their views on U.S. regulation in what some in the crypto community call a "stablecoin war."

#opinion #congress #regulation #crypto for advisors #donald trump #coindesk indices

A year ago, policy gridlock stifled crypto. Now, change is happening with the Trump administration’s stance on crypto, fueling greater acceptance and momentum.

#markets #bitcoin #policy #tether #crypto #binance #sec #people #congress #regulation #blackrock #legal #exchanges #web3 #funds #lawsuits #donald trump #xrp etf #memecoins #equities #litecoin etf #token projects #crypto infrastructure #strategy #companies #crypto ecosystems #u.s. policymaking #finance firms #public equities #investment firms

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#policy #coinbase #congress #regulation #lobbying #kraken #exchanges #companies #u.s. policymaking #finance firms

The Blockchain Association is calling on Congressional leadership to vote for a legislative measure to overturn a controversial tax rule.

#policy #people #congress #donald trump #u.s. policymaking #howard-lutnick

Lutnick is expected to work in support of Trump’s trade agenda, outlined by steep import taxes on goods from US trading partners.

#goldman sachs #markets #bitcoin #policy #sec #people #congress #regulation #donald trump #token projects #crypto infrastructure #companies #u.s. policymaking #finance firms #market updates #investment firms

Chief among the catalysts is the new Crypto Task Force’s focus on delivering a National Bitcoin Reserve, Bernstein said.

#policy #congress #regulation #central banks #legal #donald trump crypto #2024 elections #occ #u.s. policymaking

President Trump has reportedly tapped former blockchain executive Jonathan Gould to lead the Office of the Comptroller of the Currency. 

#policy #sec #congress #regulation #stablecoins #legal #senate banking committee #stablecoin bill #2024 elections #house financial services committee #crypto ecosystems #u.s. policymaking #french-hill #bryan steil

House Financial Services Committee Republican Chair French Hill released draft legislation to regulate stablecoins.

#policy #congress #regulation #legal #fdic #house financial services committee #paul grewal #operation chokepoint 2.0 #u.s. policymaking #crypto debanking

U.S. lawmakers were divided during a congressional hearing focused on crypto debanking, revealing scars from FTX and concerns over why the industry was cut off from the bank sector.

#policy #sec #congress #regulation #stablecoins #legal #senate banking committee #house financial services committee #house agriculture committee #tim scott #crypto ecosystems #u.s. policymaking #french-hill #hester-peirce

Work is already underway to regulate stablecoins, with Sen. Bill Hagerty introducing a bill on Tuesday to create a regulatory framework.

#policy #congress #regulation #stablecoins #legal #stablecoin bill #bill hagerty #crypto ecosystems #u.s. policymaking

Republican Sen. Bill Hagerty plans to introduce a bill on Tuesday to create a regulatory framework for stablecoins, Bloomberg reported.

#federal reserve #policy #coinbase #congress #regulation #central banks #legal #exchanges #lawsuits #senate banking committee #house financial services committee #companies #u.s. policymaking #crypto debanking

Coinbase said it wants three top federal banking agencies to take certain steps to end alleged debanking in the crypto industry.

#policy #congress #regulation #legal #senate banking committee #aml #house financial services committee #occ #u.s. policymaking #crypto debanking #jamie-dimon

Banks will limit their crypto exposure as long as anti-money laundering risks are at play, according to investment bank TD Cowen.

#policy #tether #congress #regulation #stablecoins #legal #cantor fitzgerald #the block #companies #crypto ecosystems #u.s. policymaking #finance firms #nomination hearing

U.S. Commerce Secretary nominee Howard Lutnick faced questions about his firm's relationship with Tether during a hearing on Wednesday.

#federal reserve #policy #coinbase #congress #regulation #lobbying #exchanges #senate banking committee #house financial services committee #house agriculture committee #companies #u.s. policymaking #senate finance committee

Coinbase has strengthened its Global Advisory Council with four political and financial heavyweights, signaling a deeper push into policymaking.

#markets #bitcoin #defi #policy #people #congress #tech #elon musk #exchanges #web3 #treasury department #tokens #protocols #donald trump #twitter #equities #token projects #companies #crypto ecosystems #u.s. policymaking #public equities

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#policy #coinbase #cftc #congress #regulation #legal #exchanges #senate banking committee #crypto legislation #companies #u.s. policymaking

Sen. Cynthia Lummis accused the U.S. SEC under former Chair Gary Gensler of undermining lawmakers' efforts to regulate crypto.

#defi #policy #sec #congress #grayscale #regulation #legal #defi education fund #crypto ecosystems #u.s. policymaking

Jennifer Rosenthal is leaving Grayscale Investments to join the DeFi Education Fund, according to a statement.

#policy #sec #congress #regulation #venture capital #strategic investments #deals #u.s. policymaking

Here's how crypto VCs view Trump's memecoin and executive order — and their implications for the industry.

#bitcoin #policy #congress #regulation #legal #treasury department #the block #strategic bitcoin reserve #crypto ecosystems #layer 1s #u.s. policymaking #executive-order #stockpile

President Trump's move to gauge creating a potential crypto stockpile leaves open questions on what it is and what happens next.

#federal reserve #policy #coinbase #congress #regulation #central banks #kraken #legal #exchanges #fdic #2024 elections #the block #companies #u.s. policymaking #crypto debanking

A U.S. House committee says it is investigating alleged debanking in the crypto industry, according to a recently published letter.

#policy #sec #congress #regulation #companies #u.s. policymaking #finance firms #investment firms #tradfi banks

Donald Trump's executive order on crypto signals support for the industry, but it was "easy stuff," according to TD Cowen.

#markets #bitcoin #policy #crime #binance #people #congress #dogecoin #tech #elon musk #legal #exchanges #web3 #funds #donald trump #memecoins #cynthia lummis #token projects #crypto infrastructure #companies #crypto ecosystems #layer 1s #u.s. policymaking #finance firms #investment firms

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#policy #congress #regulation #legal #fdic #2024 elections #companies #u.s. policymaking #david-solomon

Big bank CEOs are opening up about their struggles with crypto following criticism that the U.S. government is blocking out digital assets.

#policy #sec #congress #regulation #companies #u.s. policymaking #finance firms #investment firms #tradfi banks

Hester Peirce has been tasked with leading the SEC's crypto task force, but her term expiring in June is a key concern noted by TD Cowen.

#markets #policy #congress #regulation #tokens #token projects #u.s. policymaking

TD Cowen warns that Trump's memecoin could complicate bipartisan efforts to pass crypto market structure legislation.

#policy #sec #congress #regulation #memecoin #legal #senate banking committee #better markets #2024 elections #house financial services committee #ro khanna #the digital chamber #u.s. policymaking

The launch of Trump's memecoin days before his inauguration is being received poorly by both crypto pundits and critics in Washington. 

#policy #congress #regulation #legal #treasury department #crypto tax reporting #u.s. policymaking #resolution #ted-cruz

Sen. Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a controversial crypto-related tax rule.

#politics #congress #regulation #cbdc #government #digital dollar

The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.

#policy #congress #regulation #cbdc #legal #2024 elections #scott bessent #u.s. policymaking

President-elect Donald Trump's pick for Treasury secretary says he sees "no reason" for the U.S. to have a central bank digital currency.