Congress and Crypto

Congress and Crypto

News and updates on all of the latest Congressional hearings, legislation, rumors, and more!


Politicians in Focus: What is Cryptos Influence on Washington DC and Regulators

18 May 2022 4 minute read 2 comments Cje95

I have to admit I love reading all the stories and posts about Crypto vs Traditional Finance and their influence on Capitol Hill. Since I work on Capitol Hill and I interact with some of the very people that some of these rumors involve I have to say...

In the End Regulators are Getting What They Wanted....

12 May 2022 5 minute read 7 comments Cje95

It has been a years-long battle, crypto vs regulators, David vs Goliath, but now with the market in a crypto blizzard, the decisive battle might have come and gone without much action from either side. For a long time, Bitcoin was promoted as a hedge...

With Bitcoin Down One Prominent Senator Raises the Alarm About Fidelity's Bitcoin Retirement Plans

7 May 2022 4 minute read 3 comments Cje95

When Fidelity first announced the upcoming launch of its Digital Assets Account that would enable companies to opt into adding Bitcoin to their customers' retirement savings accounts the reaction as expected was swift and heavily divided. Many in the...

While Publish0x Has Been Down Congress Has Been Active

6 Apr 2022 4 minute read 0 comments Cje95

I do not think I am the only one who has to find Congress and well regulator's ideas and attempts to regulate crypto a little fascinating. Some are either the craziest stupidest things I have ever heard of like banning crypto to decent ideas like put...

What is the "Electronic Currency And Secure Hardware Act" (ECASH Act) a Good Idea or Another Poor Choice?

29 Mar 2022 3 minute read 3 comments Cje95

While almost all of the legislation regarding cryptocurrency has dealt with regulation today a group of Democratic lawmakers announced the introduction of a new bill called "Electronic Currency And Secure Hardware Act" (ECASH Act) that actually seems...

U.S. Senate Set to Vote on "Accountability for Cryptocurrency in El Salvador (ACES) Act" What is it?

26 Mar 2022 5 minute read 4 comments Cje95

Yesterday I wrote about how El Salvador had moved its Bitcoin Bond issuance from mid-March to September. What I had not realized was that the Foreign Relations Committee was holding a Markup. This resulted in this bill being passed through the commit...

Bitcoin is Roaring Upwards on President Biden's Executive Order: What's in it?!

9 Mar 2022 3 minute read 1 comment Cje95

A couple of weeks ago news broke that President Biden was going to sign an Executive Order that dealt with cryptocurrency however due to disputes with the Treasury Department it was paused. Russia then invaded Ukraine and crypto took the spotlight ag...

Crypto has Served as a Lifeline to Average Russians

7 Mar 2022 4 minute read 1 comment Cje95

Last week during Federal Reserve Chairman Jerome Powell's hearing on Capitol Hill several members of Congress pressed about rules and regulations in place to prevent Russia from using cryptocurrency to circumvent the sanctions the world has put in pl...

Federal Reserve Chairman was Asked About Russia Using Crypto: His Response

3 Mar 2022 4 minute read 3 comments Cje95

Yesterday during his first day of testimony Federal Reserve Chairman Jerome Powell was asked a few questions that many in both crypto and traditional finance have wondered about due to the ongoing invasion of Ukraine by Russia. The questions revolved...

FINALLY A US Agency Admits What We all Already Know

24 Feb 2022 3 minute read 0 comments Cje95

For as long as crypto has been around the rules and regulations around it have been murky at best. The government was quick to point a finger at cryptos and Bitcoin in particular for facilitating criminal transactions. Even when chain analysis showed...