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

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

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.

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

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.

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

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.

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

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.

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

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

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

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

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

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

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

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

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

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.

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

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.

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.

dYdX Interview - Decentralization & Policy

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.

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

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

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

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.

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.

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.

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

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

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

Special Edition - Interview - Use Cases and Policy Priorities

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

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.

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 crypto amendment.

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.

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.

Coinbase responds to SEC Complaint, Rule 144 overview.

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

Summaries of Republicans’ revised stablecoin Draft and a HFSC hearing on stablecoin and market structure bills.

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.

Special Edition - Use Cases