Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the… Read More
Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is… Read More
Some of the U.S. Senate Democrats in the negotiation over the crypto market structure bill filed requested amendments on Friday, seeking a number of their top policy requests in the draft legislation pushed by Republicans in the Senate Agriculture Committee. The draft they’re trying to… Read More
Coinbase VP of US Policy Kara Calvert explains what tipped the scales for Coinbase against the legislation just hours before a scheduled markup.
The committee’s Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.
Lawmakers will (finally) vote on a market structure bill next week.
