The CFTC is joining forces with the SEC on “Project Crypto”, an initiative aimed at modernizing cryptocurrency regulation.
Broad crypto market structure legislation advanced out of a key Senate committee on Thursday on a party-line vote.
The market structure legislation for the first time advanced beyond a committee, setting up the next steps that could end with a vote of the overall chamber.
Tether CEO Paolo Ardoino says he is not taking a position on the debate over stablecoin yields, a flashpoint that has stalled legislation.
The White House plans to convene a meeting next week with senior leaders from the banking and cryptocurrency sectors, Reuters reported.
The American Innovation Project is launching a new fellowship program for recent college graduates to work alongside lawmakers.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Gold's breakout above $5,000 and Clarity Act uncertainty are putting crypto's next market move to the test, Matt Hougan said.
Negotiations in the Senate Agriculture Committee shifted in the new year, said a Senate Democratic aide with knowledge of the conversations.
A hearing to amend and vote on sweeping cryptocurrency legislation was pushed back a few days due to snowy weather in Washington D.C.
The Senate Agriculture Committee pushed its planned markup hearing, where lawmakers would debate and vote on its market structure bill, to Thursday morning.
Senate Agriculture Committee Chair John Boozman on Jan. 21 released updated text for a crypto market structure bill and set a committee markup for Jan. 27. The draft bill, titled the “Digital Commodity Intermediaries Act,” would give the Commodity Futures Trading Commission (CFTC) a defined framework to supervise parts of the spot crypto market when […]
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We have a new draft and fresh questions.
Ahead of a hearing next week to debate and vote on a sweeping crypto bill, members filed several changes to the legislation.
Momentum is building behind efforts to pass a crypto bill, though observers say it still lacks the Democratic support needed to become law.
The U.S. Senate Agriculture Committee has released updated bill text ahead of a hearing next week — and some issues remain.
The industry's great legislative hope is shifting to the U.S. Senate's Agriculture Committee, which released its own draft of the contentious oversight effort.
The U.S. Senate Agriculture Committee's next draft is expected to shield developers from liability, insiders have been advised, but it may without Democrat backing.
President Trump says he hopes to sign crypto legislation into law "very soon," as key stakeholders splinter on key aspects of the bill.
Patrick Witt said the US needs to pass the market structure bill promptly under President Trump's crypto-friendly administration.
Crypto legislation is hitting another snag this week — this time from the top Republican and top Democrat of the Senate Judiciary Committee.
A bill to regulate the cryptocurrency industry could be finalized within the next few weeks, according to Michael Novogratz, CEO of Galaxy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Despite the postponement of a hearing that could have advanced crypto legislation, lawmakers insist the effort is far from dead.
Bank of America CEO Brian Moynihan warned that stablecoin yield rules could shift up to $6 trillion in deposits from banks.
A combination of timing pressures and unresolved policy concerns led Coinbase to withdraw its support for a sweeping cryptocurrency bill.
Lawmakers face a pivotal Senate hearing with over 70 amendments in play, as debates over stablecoin yield and DeFi come down to the wire.
Galaxy Research says illicit finance provisions in the Senate Banking draft go far beyond the House’s Clarity Act.
The Senate Agriculture Committee said Tuesday its postponed crypto market structure bill would drop on Jan. 21 and be debated six days later.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.