Congress and Crypto

Congress and Crypto

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


House Financial Services Committee Gearing Up For a Busy Crypto September

28 Aug 2023 2 minute read 0 comments Cje95

Early this afternoon news came out about the tentative House Financial Services Committee schedule. Members of the House do not return until September 12th so the plan for the last 3 weeks is pretty busy! Of importance to the crypto space are two par...

What Everyone Needs to Rememberpu About the IRS Tax News

27 Aug 2023 3 minute read 1 comment Cje95

Over the last few days, I have seen a ton of posts and takes on the recent announcement from the U.S. Internal Revenue Service, or IRS for short. Like a couple of other U.S. agencies, the IRS is often hated for the reason of their creation and purpos...

Congress is in Recess but Members are Staying in the News Over Stablecoins

11 Aug 2023 3 minute read 1 comment Cje95

I am not going to lie I thought that August Recess, when both chambers of Congress go back to their districts/states for 6 weeks, would be light on crypto. After all, we ended July with an absolute BANG legislation-wise as four bills passed out of Ho...

What is Next for the Crypto Legislation

30 Jul 2023 5 minute read 2 comments Cje95

Last week Congress, for the first time, really focused on and began to execute legislation in the crypto space. It catches people off-guard all the time that Congress has never actually done anything legislatively in the space even though they have...

Quick Summary of Crypto Legislations Movement in the House This Week

30 Jul 2023 4 minute read 1 comment Cje95

It is safe to say that this week was the biggest week crypto has ever had on Capitol Hill. While previously there have been hearings and a ton of talk this was the first time that we got any sort of action. Most of the action came on the House of Rep...

How the House Financial Services Committee's Markup of the Stablecoin Legislation Went Off the Rails

28 Jul 2023 4 minute read 1 comment Cje95

I want to first note that this hearing is currently still going on as of 8:50 PM EST. After yesterday successfully moving the Financial Innovation and Technology for the 21st Century Act in a bipartisan manner (much to the surprise of many reporters...

Quick Summary of What Happened with the Crypto Legislation Today

27 Jul 2023 2 minute read 1 comment Cje95

Today was part one of a two-part banger of a day on Capitol Hill today. In all honesty, as someone who works on the Hill, I am not sure that this could have gone much better for crypto or the crypto industry overall. H.R. 4763, the Financial Innovati...

Exciting Times in the House as for the FIRST TIME Crypto Legislation is Actually Moving

24 Jul 2023 4 minute read 5 comments Cje95

Some quick background before we get to the main topic since I have had to deal with various issues in the past. I do in fact work for Congress on a House Committee a lot of people doubt this and have come after me before for my comments but all that...

Bipartisan Rejection of the SEC's Way is Growing in Congress and New Legislation Slated for its First Vote Next Wednesday

20 Jul 2023 2 minute read 3 comments Cje95

TL;DR In the last week chatter in the House Office Buildings has been growing about crypto legislation. Before the Ripple judgment, we had Senators Lummis and Gillibrand introduce S. 2281 a bipartisan crypto regulation bill. Since the judgment, Democ...

Be Aware Crypto Policy Legislation is Set to Begin Moving in the House

30 Jun 2023 3 minute read 1 comment Cje95

In the coming weeks, we are going to hear and see an explosion in crypto news about crypto legislation being voted on in the House of Representatives. Now this vote will not be before the whole House rather it will be a procedural move by the House F...