Congress

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US Reps. Emmer, Soto Reintroduce Legislation to Clarify 'Money Transmitter' Designation
The congressmen called proposed guidance from the Financial Action Taskforce "concerning."
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Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue betw...
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IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”
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Bitcoin 30% Away From April Peak; Is It Overbought?
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why t...
Bitcoin 30% Away From April Peak; Is It Overbought?

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Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.
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SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources...
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto

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By Taxing Crypto, the US Government Has Accepted It's Here to Stay
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
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There’s Still Time to Fix Congress’s Crypto-Tax Mess
The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.
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Gary Gensler’s Insane Crypto Policy
Gensler wants to follow in his predecessor's footsteps and treat the crypto industry as something to stifle rather than support.
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