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Legislation

Rep. Patrick McHenry (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
The House is set next week to vote on a wide-ranging bill to set crypto regulations, though its potential in the Senate remains murky, despite the optimism of its proponents.
Rep. Patrick McHenry (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 15, 2024 at 8:06 p.m. UTC
May 15, 2024
RegulationsHouse Financial Services CommitteeLegislation
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 10, 2024 at 8:42 p.m. UTC
May 10, 2024
RegulationsLegislationHouse of RepresentativesHouse Financial Services CommitteePatrick McHenry
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 7, 2024 at 5:23 p.m. UTC
May 7, 2024
RegulationsMoney LaunderingMixersTornado CashSamourai WalletLegislationHouse Financial Services Committee
An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments...
An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Apr 30, 2024 at 7:49 p.m. UTC
Apr 30, 2024
Regulationsstablecoin billStablecoinsLegislationCongressPatrick McHenrySherrod BrownExclusive
Senators Kirsten Gillibrand (left) and Cynthia Lummis (Suzanne Cordiero/Shutterstock/CoinDesk)
Policy
Newsletters
The Ever-Dwindling Chances for a Stablecoin Law
The timeline for the introduction, markup and passage for a stablecoin bill is getting tight as Congress gears up for election season.
Senators Kirsten Gillibrand (left) and Cynthia Lummis (Suzanne Cordiero/Shutterstock/CoinDesk)
By Nikhilesh De
Apr 24, 2024 at 1:30 a.m. UTC
Apr 24, 2024
NewslettersState of CryptoRegulationsStablecoinsLegislation
Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.
Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Apr 11, 2024 at 10:34 p.m. UTC
Apr 11, 2024
RegulationsStablecoinChuck SchumerPatrick McHenryMaxine WatersLegislation
U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)
Policy
Regulations
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Sena...
U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)
By Jesse Hamilton
Mar 20, 2024 at 6:29 p.m. UTC
Mar 20, 2024
RegulationsPatrick McHenryCynthia LummisStablecoinLegislationCongress
(Andy Feliciotti/Unsplash, modified by CoinDesk)
Policy
Regulations
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."
(Andy Feliciotti/Unsplash, modified by CoinDesk)
By Amitoj Singh
Feb 27, 2024 at 8:51 a.m. UTC
Feb 27, 2024
RegulationsRepublicanCBDCsFederal ReserveTed cruzBiden AdministrationLegislation
(Unsplash)
Policy
Regulations
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
(Unsplash)
By Camomile Shumba
Feb 22, 2024 at 11:24 a.m. UTC
Feb 22, 2024
RegulationsCryptoUKPropertyLegislation
The U.S. Senate Banking Committee isn't poised to act on any crypto money-laundering legislation, sources have said. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto Action in Senate Remains on Back Burner: Sources
Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far ho...
The U.S. Senate Banking Committee isn't poised to act on any crypto money-laundering legislation, sources have said. (Jesse Hamilton/CoinDesk)
By Jesse HamiltonNikhilesh De
Feb 21, 2024 at 8:36 p.m. UTC
Feb 21, 2024
RegulationsSenateSenate Banking CommitteelobbyingLegislation