A move by US Senate Democrats and Republicans to pass a wide-ranging housing bill. They added a new section that prohibits the Federal Reserve from launching a retail central bank digital currency, or CBDC. The section of the bill would prevent the Fed from launching a digital version of the
The Senate Democrats from the U.S. Senate issued a formal letter requesting that the Department of Justice and the Treasury Department conduct a comprehensive investigation into Binance’s sanctions compliance and illicit finance controls. The lawmakers are concerned regarding reported transaction flows to entities affiliated with sanctioned Iranian groups. The senators
The United States Securities Exchange Commission hinted at the prospect of regulating prediction markets under federal security laws. There is increased interest in the industry, prompting action by the SEC. Officials of the SEC stated that some contracts may fall under the investment contract provision of the Howey Test. The
Six senators from the U.S. questioned Deputy Attorney General Todd W. Blanche about possible conflicts of interest concerning his role in the enforcement of cryptocurrencies at the Department of Justice (DOJ). In January 2026, U.S. Senators Mazie K. Hirono, Elizabeth Warren, Richard Durbin, Sheldon Whitehouse, Christopher Coons, and Richard Blumenthal
Coinbase’s withdrawal from the Digital Asset Market Clarity Act effort is leading to a degree of political backlash in Washington, and the crypto regulation bill currently deemed to have the most potential is losing steam. It is indicative of how easy it is for crypto regulation wins to slip through
Senior members of the US Senate Judiciary Committee have called upon the Senate Banking Committee to exploit the so-called developer protections proposed in the current version of the cryptocurrency market structure bill, citing that the bill may obstruct the enforcement of federal law relating to money transmission. The letter was
