As the U.S. House of Representatives weighs legislation on next year’s spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House.
Crypto-Fan Tom Emmer’s Rise and Fall in the U.S. House Speaker Race Was Extremely Quick
Rep. Tom Emmer, the No. 3 in U.S. House leadership, has been Mr. Crypto on Capitol Hill, so his brush with the speaker nomination gave a jolt of hope to the industry.
Lawmaker Tom Emmer Throws Hat in Ring for House Speaker Role
Congressman Tom Emmer, who’s sponsored a number of crypto-related bills over the past few years and is a member of the Congressional Blockchain Caucus, said he’s considering a bid for the vacant Speaker of the House position.
U.S. House Speaker Drama Could Threaten to Unravel Crypto’s 2023 Chances
Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year.
Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.) derailed the congressional agenda.
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal government.
Crypto-friendly Patrick McHenry takes interim House Speaker position
Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress.
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
The move comes a day after the finance-focused lawmakers agreed bills on crypto market structure
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday.
Joint U.S. House Hearing on Crypto’s Future Opens With Discord
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.
US House Committee Publishes Draft Stablecoin Bill
The stablecoin is the first major piece of crypto legislation in 2023.
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
One of the top Republican lawmakers, Rep. Tom Emmer (R-Minn.), is campaigning to stop what he argues is the intent of President Joe Biden’s administration to set up a digital dollar that could be deployed to collect information about citizens’ financial lives.
Bipartisan bill to study blockchain and crypto passes US House of Representatives
The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens.
Blockchain Proposals Move to US House in Consumer Tech Bill
The Consumer Safety Technology Act will now be debated in the House of Representatives.
US House Passes Two Blockchain Amendments in Annual Defense Budget Bill
The U.S. House passed two provisions introduced by Rep. Darren Soto of Florida.
US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy
A new bill in Congress asks the U.S. Federal Trade Commission to consider a national blockchain strategy.
‘Digital Dollar’ Reintroduced by US Lawmakers in Latest Stimulus Bill
The idea of a digital dollar was again floated by U.S. lawmakers as a means of issuing stimulus payments to residents.
