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House Republicans criticized what they described as the Biden administration’s "coordinated attack" on digital assets.

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

#policy #regulation #legal #senate banking committee #fdic #u.s. policymaking

President Donald Trump's pick to lead the FDIC is headed to a full Senate vote after lawmakers voted to push through the nomination.

#policy #regulation #senate banking committee #u.s. policymaking #senate agriculture committee

Senate Banking Chair Tim Scott said he hopes to get the bill to the Senate floor in early 2026 for President Trump's sign-off.

#policy #sec #cftc #congress #regulation #legal #senate banking committee #u.s. policymaking #senate agriculture committee

The U.S. government could soon reopen, allowing key federal agencies overseeing digital assets to resume normal operations.

#policy #regulation #legal #senate banking committee #2024 elections #u.s. policymaking

Former Binance CEO Changpeng Zhao is pushing back against statements made by Sen. Warren following his pardon by President Trump.

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Talks between Senate Democrats and crypto industry leaders to discuss a bill to regulate digital assets at large got intense on Wednesday. 

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Crypto critic Sen. Elizabeth Warren lambasted a stablecoin bill signed into law a few months ago in a letter to Treasury Secretary Bessent.

#policy #sec #congress #regulation #legal #senate banking committee #2024 elections #house financial services committee #companies #u.s. policymaking #finance firms

The crypto sector be thrown back into the throes of a hostile regulatory environment, Ripple CEO Brad Garlinghouse said Wednesday.

#policy #sec #cftc #congress #regulation #legal #senate banking committee #u.s. policymaking

Senators may be dragging their feet when it comes to passing crypto legislation, said TD Cowen in a note on Monday.

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A new proposal from Senate Democrats aimed at preventing illicit activity through DeFi is getting heat from the crypto industry.

#policy #sec #cftc #congress #regulation #lobbying #legal #senate banking committee #feature #u.s. policymaking #senate agriculture committee

The government’s shutdown may not completely derail cryptocurrency legislation efforts, but insiders say it’s certainly not helping.

#policy #congress #legal #senate banking committee #u.s. policymaking

The United States needs to diversify its national balance sheet — and that should include Bitcoin, according to Rep. Nick Begich.

#policy #congress #regulation #legal #senate banking committee #2024 elections #u.s. policymaking

Sens. Elizabeth Warren and Elissa Slotkin voiced concerns that ethics rules were broken in connection with World Liberty Financial.

#markets #policy #sec #congress #regulation #legal #senate banking committee #house financial services committee #u.s. policymaking #senate agriculture committee

The SEC has plans to put an "innovation exemption" in place by the end of the year, allowing crypto products to launch quickly.

#policy #senate banking committee #u.s. policymaking

Twelve Democratic Senators signed a letter urging their Republican colleagues to work with them to craft bipartisan crypto market regulations.

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In a letter sent to AG Pam Bondi on Thursday, Senators argue the DOJ and Treasury Department did not adequately reply to earlier questions.

#federal reserve #policy #congress #central banks #senate banking committee #u.s. policymaking

The US Senate voted on Monday to confirm cryptocurrency-friendly Stephen Miran to serve on the Federal Reserve Board of Governors.

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Strategy co-founder Michael Saylor and other cryptocurrency advocates will be in Washington D.C. to push forward a strategic bitcoin reserve.

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The framework sets up negotiations with Republicans over ethics restrictions, enforcement, and the pace of legislation in the coming weeks.

#policy #regulation #senate banking committee #u.s. policymaking

The bill's latest draft also addresses the regulatory treatment of airdrops, protections for developers, a DePIN carve-out, and more.

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More than 100 crypto entities are calling on lawmakers to protect software developers as they deliberate how the industry is regulated. 

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Sen. Lummis has set her sights on passing a cryptocurrency market structure bill by the end of the year, but noted a shift in strategy.

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The Blockchain Association and the Crypto Council for Innovation pushed back against recent claims by the banking industry.

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The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.

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Sen. Tim Scott says he is banking on getting enough Democrats to pass his larger crypto market structure bill.

#policy #congress #regulation #stablecoins #legal #treasury department #senate banking committee #house financial services committee #crypto ecosystems #u.s. policymaking

Treasury asked for public input on what approach financial institutions should take to combat illicit activity involving cryptocurrencies.

#policy #congress #regulation #stablecoins #legal #senate banking committee #crypto ecosystems #u.s. policymaking

The largest banking association in the U.S. urged senators to close alleged gaps in a stablecoin bill signed by President Trump last month.

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Democratic staff say Republican counterparts'crypto draft bill creates a "superhighway" for assets looking to skirt regulators' authority.

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President Trump signed an executive order intended to block federal regulators from targeting crypto-friendly financial institutions.