Newsletter Archive

119th Congress

2025

  • 8.8.25

    • Legislative Lay of the Land

    • Storm verdict

    • Executive orders on debanking and alternative assets in retirement plans

  • 8.1.25

    • President’s Digital Asset Working Group Report

    • Compare & contrast of House & Senate market structure drafts

    • GENIUS implementation timeline

  • 7.25.25

    • Senate Banking Republicans intro market structure draft

    • Timeline of GENIUS Act effective dates, rulemakings, and reports summarized

    • House approps bill and Financial Technology Protection Act advance

  • 7.11.25

    • Senate Banking Hearing on market structure

    • Crypto week preview, including amendments pending in Rules committee

    • SEC guidance on ETP disclosures and Peirce statement on tokenization

    • Sen. Lummis crypto tax bill

  • 6.27.25

    • Senate Banking releases market structure principles and holds fireside chat with Bo Hines

    • Fed Chair Powell testifies before House and Senate

    • FRB removes reputational risk

  • 6.20.25

    Interview with Aaron Brogan - founder of Brogan Law. Aaron offers a practitioner’s perspective on the state of crypto policy, including improvements he’d like to see with current legislation and changes from regulators.

  • 6.13.25

    • Senate votes on GENIUS Act, recent updates, comparison to STABLE

    • House Committees markup CLARITY

    • Senate Ag holds Quintenz nomination hearing

    • New crypto bills to codify a Trump EO and combat darkweb drug trafficking

    • SEC withdraws proposed rules

  • 6.6.25

    • House Financial Services & Ag hearings on CLARITY Act

    • Senate Approps hearing with Atkins

    • New amendments filed to GENIUS

    • More updates from the Hill, White House, and courts

  • 5.30.25

    • House committee leaders intro revised market structure draft, “CLARITY ACT”

    • Summaries of more amdts filed to GENIUS

    • DOL rescinds guidance re: crypto in 401(k)s

    • SEC offers staking guidance and moves to withdraw lawsuit against Binance

  • 5.23.25

    • Analysis of Senate votes on GENIUS Act and filed amendments
    • HFSC advances debanking bill
    • Blockchain Regulatory Certainty Act intro’d'
    • SEC Chair Atkins testified before a House Approps subcomm
    • Dems put out new bills, resolutions, and a letter targeting Pres. Trump’s crypto ties

  • 5.16.25

    • Summary of proposed changes to GENIUS Act

    • Sen. Warren sends two letters re: President Trump’s ties to World Liberty Financial

    • Sens. Lummis & Moreno send letter to Treasury re: tax implications for U.S. firms holding digital assets

    • SEC Trading & Markets publishes guidance

  • 5.9.25

    • Analysis of Senate cloture vote on GENIUS

    • Summary & analysis of House market structure

    • Democrats continue to target Trump crypto ties, including through the intro of the End Crypto Corruption Act and Stop Presidential Profiteering from Digital Assets Act.

  • 5.2.25

    • Summary of updates to GENIUS Act

    • House passes Promoting Resilient Supply Chains Act by voice vote, and Senate Commerce passes Deploying American Blockchains Act

    • Senator Warren sends two letters re: President Trump’s crypto ties and ethics concerns

    • HFS subcommittee hearing includes discussion of debanking bills.

  • 4.25.25

    • Interview on financial privacy & building an independent crypto media project

    • Rep. Nydia Velázquez (D-NY) introduced a bill to ensure digital asset income earned by residents of Puerto Rico is subject to U.S. federal income tax

    • The Federal Reserve Board withdrew guidance for banks that had made it more challenging for them to engage in crypto-related activities

  • 4.18.25

    • Recap of House E&C markup of 2 blockchain-related bills: (1) Deploying American Blockchain Act & (2) Promoting Resilient Supply Chains Act

    • Senators Tillis & Hickenlooper intro PROOF Act

    • DeSci & Policy Interview w/ DeSci Alliance

  • 4.11.25

    • President Trump signs DeFi Broker Rule Repeal

    • HFSC & House Ag hold market structure hearings

    • DOJ announces new priorities

    • SEC publishes guidance on stablecoins and disclosures

  • 4.4.25

    • House Financial Services Committee advances STABLE Act, Financial Technology Protection Act, and Anti-CBDC Surveillance State Act

    • New bills introduced covering crypto in self-directed retirement accounts, a tax incentive for using flared natural gas to mine bitcoin, and foreign adversaries owning crypto platforms

    • House Financial Services subcommittee held a hearing on combating financial fraud

    • Rep. Maxine Waters and Sen. Elizabeth Warren teamed up on a letter to the SEC re President Trump’s crypto conflicts.

  • 3.28.25

    • New STABLE Act summary and comparison to GENIUS

    • Senate Banking nomination hearing with Atkins and Gould

    • House Ag hearing on CFTC

    • Securities Clarity Act, Financial Technology Protection Act, and Pro-Blockchain Resolution introduced

  • 3.21.25

    • Senate GENIUS Act and House STABLE Act compared and contrasted

    • Tornado Cash litigation reviewed

    • Rep. Donalds introduced a bill to give Bitcoin Reserve EO the force of law

    • OCC says it won’t examine reputation risk, and SEC says certain PoW mining activities do not implicate securities laws

  • 3.14.25

    • Senate Banking marks up GENIUS Act and FIRM Act

    • House Financial Services holds hearing on stablecoins and CBDCs

    • House passes DeFi broker rule repeal resolution

  • 3.7.25

    • President Trump’s Executive Order Re: Strategic Bitcoin Reserve and Digital Asset Stockpile

    • Senate vote on DeFi repeal

    • Summaries of Deploying American Blockchains Act, Consumer Safety Technology Act, MEME Act, and Saving Privacy Act.

  • 2.28.25

    • Ways & Means advances DeFi broker rule repeal

    • Senate Banking subcommittee discusses stablecoins and market structure legislation

    • Senator Durbin introduces an anti-fraud bill targeting crypto ATMs

  • 2.21.25

    • Industry lays out key concerns against DeFi Broker Rule.

    • HFSC Chair French Hill leads letter to FDIC Acting Chair, offering recommendations to end debanking.

    • Senator Lummis sends letter to Federal Reserve banks demanding documents regarding OCP 2.0.

  • 2.14.25

    • Key provisions in major stablecoin bills are compared and contrasted.

    • House Financial Services subcommittee holds hearing exploring stablecoins and market structure.

    • Fed Chair Powell recognizes debanking concerns before House and Senate committee hearings.

  • 2.7.25

    • Senator Bill Hagerty introduces the GENIUS Stablecoin Act with bipartisan support.

    • House and Senate committees hold hearings on debanking, exploring ways to prevent a future operation choke point initiative.

    • Senate Commerce Committee advanced a bipartisan bill aimed at bolstering U.S. supply chains, including some language in support of blockchain and emerging technology.

  • 1.31.25

    Senate Commerce Committee held Howard Lutnick’s confirmation hearing, bringing up stablecoins and his relationship with Tether;

    • Senators introduce the Promoting Resilient Supply Chains Act of 2025, which includes measures to support blockchain and emerging technologies in the U.S.

    • Senator Elizabeth Warren sent a letter to ethics offices at federal agencies regarding President Trump’s meme coin launch.

  • 1.24.25

    • President Trump pardoned Ross Ulbricht

    • House and Senate resolutions to repeal the DeFi Broker Rule are introduced in House and Senate

    • White House publishes Crypto Executive Order

  • 1.17.25

    • CFPB proposed a new interpretation of the Electronic Fund Transfer Act that could bring crypto wallet providers and certain cryptocurrency transfers under the law’s scope.

    • Senator Cynthia Lummis sent a letter to the U.S. Marshals, raising concerns with their plans to sell close to 70,000 bitcoins.

  • 1.10.25

    • Break downs of crypto policy track record break downs for incoming crypto subcommittee chairs including:

    • Rep. Bryan Steil (R-WI) who will chair HFSC’s subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, and

    Rep. Warren Davidson who will chair the subcommittee on National Security, Illicit Finance, and International Financial Institutions.

  • 1.3.25

    • A detailed summary of the IRS’s final rule regarding reporting requirements for certain DeFi front end service providers (“DeFi Broker Rule”).

  • 7.18.25

    Crypto Week Analyzed

    House passes four bills, including the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act

118th Congress

2024

  • 1.10.25

    Crypto policy track record break downs for incoming crypto subcommittee chairs including Rep. Bryan Steil (R-WI) who will chair HFSC’s subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.

  • 1.3.25

    DeFi Broker Rule Summary (including revisions and additions to original broadcast).

  • 12.20.24

    Blockchain bills in CR draft, Bitcoin ATM bill, & SEC Noms

  • 12.13.24

    House Committee Chairs & Commissioner Crenshaw Vote

  • 12.6.24

    Debanking & Innovation

  • 11.15.24

    Leadership Elections & Trump Nominees: Overview of crypto policy track records of House & Senate majority leaders in the 119th Congress & President-elect Trump nominees.

  • 11.8.24

    What the election results mean for crypto in the 119th Congress.

  • 11.1.23

    Five Key Races - Election Preview

  • 10.18.24

    Stablecoin bill comparisons with side x side charts.

  • 10.11.24

    Senator Hagerty’s stablecoin bill.

  • 10.4.24

    Senator Mike Lee's Saving Privacy Act

  • 9.27.24

    House Foreign Affairs advances Tigran release resolution, 5 SEC Commissioners testify before HFSC, OCP 2.0 concerns, a new DeFi study bill, and more.

  • 9.20.24

    House Financial Services hearing on SEC's approach to digital assets, new Rep. Nunn bill to combat financial fraud, Trump buys burgers with Bitcoin, enforcement updates.

  • 9.13.24

    House Financial Services hearing on DeFi and updates from the SEC, CFTC, and IRS.

  • Fall Preview

    Key bills and hearings to keep an eye on during the final few months of the 118th Congress.

  • 8.30.24

    Interview with Nic Carter - Founding Partner at Castle Island Ventures - covering: the state of crypto adoption, some projects he's most interested in, how policy is impacting investment & industry growth, stablecoins, Operation Choke Point 2.0, and the 2024 election.

  • 8.23.24

    Treasury withdraws wallet rule; Prometheum announcement raises questions.

  • 8.16.24

    Bitcoin & Policy - Interview with Grant McCarty of the Bitcoin Policy Institute

  • 8.9.24

    Crypto tax bills; Chokepoint of Customers Bank.

  • 8.2.24

    Senator Lummis’s BITCOIN Act & VP Harris’s new campaign advisor’s track record on crypto policy.

  • 7.26.24

    House passes AML bill by voice vote, Senate HSGAC passes investment asset trading and ownership ban, HFSC holds AI hearing, lawmakers consider allowing Fed to hold bitcoin as a reserve asset.

  • 7.19.24

    Senato J.D. Vance’s Stance on Crypto; House Fin. Services Spending Bill

  • 7.12.24

    4 Hearings, SAB 121 Repeal Veto Override, Approps Amdts

  • 6.28.24

    Bitcoin & Taxes

  • 6.21.24

    Mid-Year Recap & Look Ahead: Lay of the land for stablecoins, market structure, illicit finance, tax, SAB 121, and CBDC legislation.

  • 6.14.24

    House NDAA amendments; Senate Approps hearing.

  • 6.7.24

    DeFi sanctions bill in Senate intel reauth bill crypto policy riders in appropriations bill, House hearing on tokenization of real-world assets.

  • 5.31.24

    Interview with Lyudmyla Kozlovska: Human Rights, Crypto, and Policy

  • 5.24.24

    House passes FIT 21 & a bill to ban a U.S. CBDC.

  • 5.17.24

    Senate passes SAB 121 repeal; House advances 3 bills with blockchain language; FIT 21 slated for floor vote, proposed amendments published.

  • 5.10.24

    House passes SAB 121 repeal, HFS hearing on SEC enforcement, Trump courts crypto vote, 2 new crypto bills intro’d including one to stop financial institutions from transacting with funds that have gone through mixers for two years.

  • 5.3.24

    Providing Tax Clarity for Digital Assets Act; Congress responds to allegations in Consensys Complaint.

  • 4.26.24

    Industry files lawsuits against SEC; IRS publishes draft 1099-DA form; FBI warns against using crypto money transmitters who don’t KYC.

  • 4.19.24

    Senators Lummis & Gillibrand intro new stablecoin bill; HFSC markup; 2 Sen. Warren letters.

  • 4.12.24

    Sens. Tillis & Hagerty intro draft AML bill, Senate Banking holds illicit finance hearing, Sen. Warren pushes back against stablecoin legislation, McHenry, Waters, and Schumer discuss adding potential stablecoin deal to FAA reauth.

  • 4.5.24

    Summary of Custodia Bank v. Federal Reserve Bank of Kansas City; Quick preview of Senate Banking hearing next week on illicit finance.

  • 3.29.24

    House Republicans press SEC Chair Gensler to clarify ETH’s regulatory status; SDNY Judge Failla allows SEC case against Coinbase to proceed, but dismisses claim Coinbase Wallet is a broker.

  • 3.22.24

    Court sanctions SEC, House committee conducts SEC oversight hearing, and SEC submits funding request.

  • 3.15.24

    House Financial Services Subcommittee on digital assets holds hearing on digital payments app and wallet rule, President Biden’s budget includes crypto-related tax proposals, and two Senators come out in opposition to crypto ETPs.

  • 3.8.24

    House Ag discusses digital assets at CFTC oversight hearing, Senate Banking discusses CBDCs at Fed oversight hearing.

  • 3.1.24

    House Financial Services advances SAB 121 repeal and bill to combat cyber crime. Sen. Cruz intro’s anti-CBDC bill & Rep. McHenry intro’s bill aimed at promoting financial innovation.

  • 2.23.24

    Lawsuits against the SEC and DOE; House Majority Whip Tom Emmer sends letter to OMB re “emergency” Bitcoin miner survey.

  • 2.16.24

    Summaries and key takeaways from 2 House hearing on illicit finance.

  • 2.9.24

    2 FSOC hearings; progress on stablecoin talks reported; Senator Vance leads letter to SEC re Debt Box case.

  • 2.2.24

    Bitcoin Mining Survey; Letter to the CFPB; CRA Resolution of Disapproval re SAB 121.

  • 1.26.24

    Key provisions and concerns with FinCEN’s proposed rule re “CVC Mixing;” HFSC Ranking Member Maxine Waters sends letter to Meta.

  • 1.19.24

    Oral arguments in SEC v. Coinbase; Sen. Hagerty & Sen. Lummis intro Preventing Illicit Finance Through Partnership Act of 2024.

  • 1.12.24

    HFSC Digital Asset Subcommittee hearing on FSOC; Congress responds to spot Bitcoin ETP approvals.

  • Ledger Interview - Self-Custody & Policy Considerations

    Interview with Seth Hertlein, Global Head of Policy at Ledger, covering how recent policy proposals may impact wallet providers and the crypto community.

  • 10.24.24

    Tokenization & Policy - Interview with Robert Leshner, CEO of Superstate

2023

  • Year in Crypto Policy

    Legislative highlights from 2023 and what to watch for in 2024.

  • December 15, 2023

    Stablecoins and tax rules.

  • December 8, 2023

    House Energy & Commerce Committee passes two pro-blockchain bills with unanimous support, sending the bills to the House floor. Senators propose bill to expand Treasury’s sanction authority.

  • December 1, 2023

    Treasury submits legislative proposals to Senate Banking seeking more power to surveil and sanction crypto.

  • November 17, 2023

    Recaps of house hearings on illicit activity involving digital assets and with banking regulators; Congressional letters to regulators on SAB 121, tax, and illicit finance.

  • November 10, 2023

    Crypto amendments to House appropriations bill, Senator Ted Budd introduced the Keep Your Coins Act, Senators Rick Scott, Ted Cruz, and Marsha Blackburn introduced the Chinese CBDC Prohibition Act.

  • November 3, 2023

    dYdX Interview - Decentralization & Policy

  • October 27, 2023

    Key crypto related takeaways from 3 hearings on combatting the financing of terror; Possible House floor blueprint under Speaker Mike Johnson; New proof of reserves bill.

  • October 20, 2023

    Senator Warren letter, FinCEN proposed rule re crypto mixers, sanctions against crypto exchange and its owner.

  • October 13, 2023

    Summaries of crypto-related bills introduced in the 118th Congress aimed at addressing illicit finance.

  • October 6, 2023

    House Speaker race and implications for crypto policy; New digital asset transaction reporting bill.

  • September 29, 2023

    SEC Chair Gensler testifies before HFSC; Rep. Flood intro’s bipartisan legislation to address SAB 121; Reps. Flood, Torres, Emmer, and Nickel sent letter urging the SEC to approve a spot bitcoin ETF; Senate Banking advances SAFER Banking Act.

  • September 22, 2023

    Recaps of HFSC markup of Rep. Tom Emmer’s CBDC Anti-Surveillance State Act and House Energy Commerce committee hearing on supply chains and blockchain use cases.

  • September 15, 2023

    HFSC hearing on CBDCs and stablecoins; Rep. Tom Emmer introduces CBDC Anti-Surveillance State Act; Rep. Stephen Lynch intros ECASH Act; SEC Chair Gensler testifies before Senate banking.

  • September 8, 2023

    Crypto Policy Fall Agenda Preview: Procedural background, brief summaries, and the road ahead for key crypto policy items this fall.

  • September 1, 2023

    Summary of Treasury’s Proposed Rule regarding new tax reporting requirements for brokers of digital assets; letter to Fed re stablecoins.

  • August 25, 2023

    Special Edition - Interview - Use Cases and Special Edition - Interview - Yuga Labs explains NFTs, the Metaverse, their real world use cases, and their policy priorities.

  • August 18, 2023

    Special Edition - Interview - Use Cases and Policy Priorities

  • August 11, 2023

    Federal Reserve publishes two letters for banks seeking to engage in crypto-related activities; Summaries of recent Congressional actions with a crypto-banking nexus.

  • August 4, 2023

    Digital Asset Anti-Money Laundering Act introduced; Democrat Senators send letter to IRS re issuing new tax reporting requirements for digital asset brokers; House E&C subcommittee leaders send letter to Apple CEO, Tim Cook, asking for clarification re App Store’s guidelines and whether they are limiting emerging tech like blockchains and NFTs.

  • July 28, 2023

    House Committees move crypto bills to floor, including the Financial Innovation and Technology for the 21st Century Act, Clarity for Payment Stablecoins Act of 2023, Keep Your Coins Act, Blockchain Regulatory Certainty Act, and the Financial Technology Protection Act of 2023; Senate Passes NDAA with an anti-money laundering with crypto amendment.

  • July 21, 2023

    Key updates to House market structure bill, officially introduced as the FIT for the 21st Century Act; Summaries of NDAA amendment targeting illicit crypto use and the Crypto-Asset National Security Enhancement and Enforcement Act.

  • July 14, 2023

    Lummis-Gillibrand Responsible Financial Innovation Act summary and how the SEC v. Ripple decision may spur Congress to act; NDAA Amendment establishing blockchain working group at Department of Defense.

  • June 30, 2023

    Coinbase responds to SEC Complaint, Rule 144 overview.

  • June 23, 2023

    Financial services appropriation bill moves out of Committee, SEC oversight hearings, Fed Chair Powell testifies before Congress.

  • June 16, 2023

    Summary of revised stablecoin draft and HFSC hearing on stablecoins and market structure.

  • June 9, 2023

    Summary of Digital Asset Market Structure discussion draft; House Agriculture Committee hearing on Digital Asset Market Structure discussion draft; House Energy & Commerce hearing on blockchain use cases.

  • June 2, 2023

    Special edition highlighting use cases.

  • May 26, 2023

    Bipartisan, bicameral Dark Web Interdiction Act; two letters with a crypto tie; Federal reserve report.

  • May 19, 2023

    Comparisons of draft stablecoin legislative proposals, a stablecoin hearing, and some legislative updates, including introduction of the bipartisan Securities Clarity Act.

  • May 12, 2023

    HFSC and House Ag Subcommittees hold joint hearing on digital asset regulation; HFSC leadership sends comment letter to SEC re proposed custody rule, HFSC Chairman sends letter to Approps outlining digital asset related spending items to consider, including prohibiting funding for SAB 121 and SEC’s proposed custody rule.

  • May 5, 2023

    DAME Tax Proposal; Sens. Sinema (I-A) and Lummis (R-WY) intro Responsible Digital Asset Advertising Act of 2023

  • May 1, 2023

    House Hearings on Identifying Regulatory Gaps for Digital Assets

  • April 21, 2023

    House Financial Services Subcommittee on Digital Assets hearing on stablecoins; Draft Stablecoin bill; HFSC hearing on SEC Oversight.

  • April 14, 2023

    IAC offers crypto policy recommendations to SEC; HFSC Chairman Patrick McHenry (R-NC) and Rep. Bill Huizenga (R-MI) send letter to SEC Chair Gensler demanding docs regarding SEC filing charges against SBF

  • April 7, 2023

    SROs & Summary Charts of legislation intro’d in Q1 of the 118th Congress

  • March 31, 2023

    House Appropriations Subcommittee hearings re SEC and CFTC FY 2024 budgets; Senator Lee intros a new bill to prohibit the federal government from issuing a CBDC directly to individuals or via an intermediated model; Senate HSGAC moves Senator Sinema’s & Senator Lummis’s Improving Digital Identity Act of 2023 out of committee.

  • March 24, 2023

    Rep. Emmer and Soto Intro Blockchain Regulatory Certainty Act; Senator Cruz no retail CBDC bill, Rep. Pete Session intros House resolution in support of Proof-of-Work mining.

  • March 17, 2023

    Congress responds to SVB, Silvergate bank runs.

  • March 10, 2023

    Digital Finance Subcommittee hearing on Admin’s attack on digital asset ecosystem; Senate EPW Subcommittee hearing on Bitcoin mining; Keep Innovation in America Act

  • March 3, 2023

    SAB 121 letter to banking regulators; Appropriations process and significance; Crypto hearing previews.

  • February 24, 2023

    House Majority Whip Tom Emmer (R-MN) introduces the CBDC Anti-Surveillance State Act, a bill to prohibit the Federal Reserve from issuing a retail CBDC.

  • February 17, 2023

    Sen. Tuberville (R-AL) Financial Freedom Act, Senate Banking hearing on crypto crash and financial system guardrails.

  • February 10, 2023

    Operation Choke Point context/background; Sen. Warren leads letter pushing for Bitcoin miners to report energy and emissions data; SEC v. Kraken settlement re staking.

  • February 3, 2023

    Senate Banking Ranking Member Tim Scott outlines priorities for 118th Congress; Summary chart of Digital Asset Subcommittee’s roster; Senators send follow up letter to Silvergate; White House publishes roadmap to mitigating crypto risks.

  • January 27, 2023

    IRS crypto tax update; Sen. Cruz intros Sen. Con. Res. to encourage vendors operating on Capitol grounds to accept crypto; Reps. Garcia & Lynch write op-ed supporting SEC oversight of crypto.

  • January 20, 2023

    Background & analysis on DOJ and FinCEN actions against Bitzlato.

  • January 13, 2023

    New House Financial Services Subcommittee to focus on “Digital Assets, Financial Technology and Inclusion;” Fight for the Future leads letter re protecting privacy; 4 Senators send letter to FTX bankruptcy judge re appointing an independent examiner.

  • January 6, 2023

    Federal banking regulators warn banks of crypto risks; Bankruptcy judge rules customer crypto assets deposited with Celsius are property of debtor, not customers.

117th Congress

Senator Toomey Interview

  • December 23, 2022

    Crypto Policy Year in Review - Happy Holidays

  • December 16, 2022

    House & Senate FTX Hearings; Senator Warren & Marshall AML Bill; DLT Research provision in NDAA heads to Pres. Biden

  • December 9, 2022

    Rep. Torres sends letter to GAO requesting investigation into SEC’s handling of FTX; Rep. Torres introduces 2 bills aimed at protecting customers with crypto assets on exchanges; 2 crypto provisions in NDAA; 2 Senator Warren Letters re crypto & banks.

  • December 2, 2022

    Recap of Senate Ag hearing examining FTX collapse; Chairman Brown letter to Sec Yellen re: input on crypto legislation, Chairman Wyden letter to centralized exchanges re customer protections in event of bankruptcy, Senators Warren, Smith, Durbin letter to Fidelity re bitcoin in 401(k), & Rep. Tom Emmer letter re CBDC research and development.

  • November 18, 2022

    Summaries of House Financial Services and Senate Banking hearings on oversight of banking regulators; Review of Whip Emmer’s crypto policy initiatives.

  • November 11, 2022

    Congress reacts to FTX collapse.

  • November 4, 2022

    Summaries of bipartisan crypto-related amendments to the NDAA

  • October 28, 2022

    Sen. Warren (D-MA) & Rep. Ocasio-Cortez (D-NY) letter re concerns with former federal employees with financial regulators moving to the private sector to work for crypto firms; Reps. McHenry (R-NC) and Huizenga (R-MI) letter to FSC Chairwoman Waters (D-CA) requesting hearing with SEC Chair Gensler

  • October 21, 2022

    Global Encryption Day; Alliance DAO amplifies concerns re: DCCPA’s potential impact on DeFi as legislators continue to refine bill; Paradigm files brief in Ooki DAO case

  • October 14, 2022

    Sen. Hickenlooper (D-CO) sends letter to SEC urging agency to issue clear rules for digital asset securities via public & transparent rulemaking; Grayscale files brief challenging SEC decision to deny a spot bitcoin ETF

  • October 7, 2022

    Republican Reps send letter to DOJ re assessment of whether legislation is necessary for a CBDC, Sen. Lankford’s No Digital Dollar Act, FSOC report, Kim K Settlement

  • September 30, 2022

    Digital Trading Clarity Act of 2022, Retirement Savings Modernization Act, Cryptocurrency Cybersecurity Information Sharing Act, CFTC Motion re: alt service of Ooki DAO

  • September 23, 2022

    House passes Russia Cryptocurrency Transparency Act; Members Chat Crypto at Hearings; CFTC brings enforcement action against DAO

  • September 9, 2022

    Chair Gensler remarks on crypto regs; Senate Ag and Banking Hearing Previews

  • September 2, 2022

    Rep. Krishnamoorthi Letter Re Crypto Fraud; Congress Fall Preview

  • August 26, 2022

    Rep. Emmer letter to Treasury re: Tornado Cash; Crypto policy reports expected by 9/5 per Pres Biden’s Executive Order.

  • August 19, 2022

    Sen. Toomey sends letter to FDIC re: deterring banks from working with crypto-related companies; Summary of Coin Center’s analysis of a legal challenge to Tornado Cash sanctions

  • August 12, 2022

    OFAC sanctions Tornado Cash; Review of Rep. Tom Emmer’s pro-crypto legislation.

  • August 5, 2022

    Digital Commodities Consumer Protection Act, Broker Definition fix, CHIPS and Science Act establishes OSTP crypto advisor position.

  • July 29, 2022

    Virtual Currency Tax Fairness Act summary; Recap of Senate Banking hearing on crypto scams.

  • July 22, 2022

    Letter to EPA & DOE re crypto mining reporting; House Fin Services hearing on Oversight of SEC Division of Enforcement; Letter to SEC re SAB 121.

  • July 15, 2022

    SEC exemptive authority under 33 & 34 Acts; Office of Financial Research white paper on Central Bank Digital Currencies.

  • July 8, 2022

    Conflict of interest rules for gov employees owning crypto; CRS report re: crypto in 401(k) plans.

  • July 1, 2022

    Happy Fourth of July; IRS Broker Reporting Requirements May Be Delayed; SEC Denies Grayscale’s spot Bitcoin ETF Application

  • June 24, 2022

    Crypto Mining Letter, House Ag Hearing on Digital Asset Regs, U.S. CBDC paper, Approps Report

  • June 17, 2022

    Staff Accounting Bulletin 121; SEC Commissioner Pierce’s Remarks on Bitcoin Spot ETF; GAO Report on NFTs

  • June 10, 2022

    Lummis-Gillibrand Responsible Financial Innovation Act Summary

  • June 3, 2022

    Wire fraud and money laundering charges in U.S. v Chastain analyzed; “Tech Experts” raise concerns with blockchain in letter to select members of Congress.

  • May 27, 2022

    House Financial Services CBDC hearing; Summary of Sen. Cotton’s “Defending Americans from Authoritarian Digital Currencies Act.”

  • May 20, 2022

    SEC Approps hearing w/ Gary Gensler; Senate Banking hearing on Fed Reserve Vice Chair and 2 SEC Commissioner nominations; House Fin Services GOP send letter to Fed Chair Jerome Powell; Sen. Lummis & Sen. Gillibrand crypto bill previewed.

  • May 13, 2022

    UST crash thrusts stablecoins into Congressional hearing spotlight. House and Senate FSOC hearings with Sec. Yellen. House Ag considers FTX US proposal to cut out intermediaries for crypto derivative trading.

  • May 6, 2022

    SEC buffs up crypto enforcement; Sens. Wicker and Lummis intro bill to boost blockchain research; Sen. Tuberville’s Financial Freedom Act; Sens. Warren and Smith send letter to Fidelity re: BTC in 401(k) plans.

  • April 29, 2022

    Summary and Analysis of Digital Commodity Exchange Act; Overview of Rep. Patrick McHenry’s bipartisan crypto bills.

  • April 22, 2022

    Reviews Rep. McHenry’s and Rep. Huizenga’s letter to the SEC regarding two new SEC proposed rules with an uncertain impact on the crypto world.

  • April 15, 2022

    Senate RPC publishes policy paper “Cryptocurrency Goes Mainstream;” Accredited Investor definition in focus.

  • April 4-8, 2022

    Congresswoman Torres introduces ACES Act in House; Sen. Toomey reveals draft stablecoin regulation bill; Bitcoin 2022 highlights.

  • April 1, 2022

    Summaries of Rep. Lynch’s ECASH bill, Sen. Cruz bill to ban CBDC in the U.S., Reps. Meeks & McCaul’s crypto and Russian sanctions bill, State of the CFTC hearing recap, and President’s budget reviewed.

  • March 25, 2022

    Senate Foreign Relations Committee passes bill to study El Salvador’s adoption of Bitcoin; Senators Lummis and Gillibrand preview bipartisan crypto package.

  • March 18, 2022

    Brief summaries of Sen. Lummis’ draft Responsible Financial Innovation Act and Sen. Warren’s Digital Asset Sanctions Compliance Enhancement Act; Summary of Bipartisan Letter to SEC re potentially burdensome information requests to crypto & blockchain firms; Recap of Senate Banking hearing re Digital Assets and Illicit Finance.

*All information contained on this website and the newsletter associated therewith are intended solely for informational purposes and in no way should be interpreted as providing legal or financial advice.