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$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup


A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.  The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...

Destiny And Halo Composer Is Running For Congress


Video games and Washington politics are converging in a way you might not have had on your 2024 bingo card. Martin “Marty” O’Donnell, the composer behind Bungie’s Destiny and Halo games, has announced his campaign for the U.S. House of Representatives in Nevada’s third congressional district...

Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast


A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing


The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism...

Argentine Government Drops Crypto Legalizing Opportunity From Omnibus Bill


The Argentine government, presided by Javier Milei, has resolved to drop the tax opportunities for crypto in the omnibus bill presented to Congress. The bill allowed taxpayers to declare the ownership of some previously undeclared assets, with crypto also included, reducing the payments and fees...

A Backdoor Regulatory Option Haunts U.S. Crypto


After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that saddle them with tremendous new restrictions,...

Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill


Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the “entirely unknown inner workings”...

Coin Center Responds to Scathing Letter from Senator Elizabeth Warren


Adobe Coin Center has responded to allegations made by Senator Elizabeth Warren claiming the crypto non-profit was working to “undermine bipartisan efforts in Congress” by hiring “former defense, national security, and law enforcement officials.” Coin Center pushes back...

Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account


Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account.  In a letter addressed to SEC Chair Gary Gensler on the same day...

75 US Lawmakers Now Support CBDC Anti-Surveillance Bill


Congressman Tom Emmer’s CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict Americans’ transactions,”...

US Lawmakers Seek to Fire SEC Chair Gary Gensler in 2024


Two U.S. lawmakers have joined forces in an effort to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler. “2024 would be a great time to fire Gary Gensler, pass the SEC Stabilization Act, [and] hold the SEC accountable for its corruption,” Congressman Warren Davidson...

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