congress Archive

The Senate held its first hearing on Gary Gensler’s nomination to chair the SEC today.

U.S. Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection.

We didn’t learn much new in today’s hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets.

The price of GME has fallen almost 90% since lawmakers first called for a hearing.

The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way.

In announcement the appointment, Lummis made clear that she hopes to get digital asset legislation moving.

Both the Senate and the House are looking into Wall Street’s market practices, especially short selling.

A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies.

As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond.

Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved.

Allaire also sees political moderation as the best scenario for continued crypto development.

But the bill is unlikely to become law any time soon.