2025-12-19
Congratulations to @MichaelSelig on his confirmation. He understands markets and innovation, and brings the steady leadership needed to deliver clear, workable rules. Looking forward to working together to ensure the U.S. remains the best place to build in crypto.
Bloomberg
The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets
Lydia Beyoud / Bloomberg :
Congratulations to @MichaelSelig on his confirmation. He understands markets and innovation, and brings the steady leadership needed to deliver clear, workable rules. Looking forward to working together to ensure the U.S. remains the best place to build in crypto.
CoinDesk
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
2025-11-11
Thank you @SecScottBessent. This is a critical and important development for issuers and investors of crypto ETPs. Next up: We need staking rewards for all taxpayers to be taxed fairly by removing harmful Biden-era policies that lock up innovation.
Decrypt
The US Treasury and IRS issue guidance allowing Wall Street crypto products to offer staking rewards under a new safe harbor, easing institutional participation
Sander Lutz / Decrypt :
2025-03-08
6/ Importantly, the administration is moving quickly to end the Biden-era debanking policies. Today, the OCC issued an interpretive letter confirming that “crypto-asset custody, certain stablecoin activities, and participation in independent node verification networks such as
Reuters
The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first
The U.S. regulator overseeing national banks clarified Friday that banks can engage in some crypto activities …
2024-11-06
1/ Crypto won on Election Day. The biggest takeaway: there is zero electoral upside to being anti-crypto. Zero.
Financial Times
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”
“A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
2024-05-24
1/ #FIT21 passed the House today with 279 votes. Today's bipartisan support signals that both parties see the value in working towards establishing clear guidelines to enable innovation while prioritizing consumer safeguards. Sounds simple, but the journey here hasn't been.
Decrypt
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets
2024-05-23
1/ #FIT21 passed the House today with 279 votes. Today's bipartisan support signals that both parties see the value in working towards establishing clear guidelines to enable innovation while prioritizing consumer safeguards. Sounds simple, but the journey here hasn't been.
Decrypt
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets
Dubbed the Financial Innovation and Technology for the 21st Century Act, or FIT21, the measure was approved by the House of Representatives with a 279-136 vote.
2023-02-14
“It certainly feels, from an industry perspective, like there's a crypto carpet bombing going on right now,” said Kristin Smith, CEO of Blockchain Association, a crypto industry group. https://www.wsj.com/...
Bloomberg
US financial regulators are rapidly closing crypto's key routes to the banking system, accelerating since FTX collapsed, pushing the industry to the fringes
Crypto's free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country's banking system.
2022-10-04
“Similar to the other executive order reports and summaries, FSOC's report overstates the risks—and understates the opportunities—crypto networks present.” https://www.wsj.com/...
New York Times
The US Treasury releases a digital assets report asking Congress for more resources to police crypto, regulate stablecoins, legislate crypto tokens, and more
The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system.
2022-09-22
Congrats @jespow. Much deserved transition. I hope you'll keep your passion for public policy. Your leadership has surpassed the rest. https://twitter.com/...
Fortune
Kraken CEO Jesse Powell plans to step down and Chief Operating Officer Dave Ripley will succeed him in the coming months; Powell will stay on as chairman
Jeff John Roberts / Fortune :
2022-04-08
2/ First, I encourage everyone to read about Yellen's speech today. It is remarkable (if you stick your head above the fray over the exact details) that the Secretary of the Treasury spent so much time laying out her view on digital assets. https://www.coindesk.com/...
CoinDesk
US Treasury Secretary Janet Yellen gives her first speech on digital assets, saying a CBDC “would require years of development, not months”, and more
except for stablecoins Jesse Hamilton / CoinDesk : Crypto Rules Should Match Traditional Financial System, Yellen to Say Thursday Casey Wagner / Blockworks : Yellen Warns of Crypto...
2021-10-15
#Crypto networks pose complex public policy questions. We need all hands on deck to get the solutions right. Glad to have @faryarshirzad, @smossdc & the rest of the @coinbase policy team in the conversation. https://twitter.com/...
Wall Street Journal
Coinbase asks Congress to regulate digital assets outside of the existing financial system and to create a special regulator for digital asset markets
Crypto trading platform asks Congress to create an oversight regime separate from existing market regulators Source: The Coinbase Blog .
2021-08-09
1/ Dear Senators, still confused about why the @markwarner amendments (yes, all 5 of them) fall short of fixing the #crypto provision in the #infrastructurebill? Here are 3 things you need to know.
Bloomberg
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill
- Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate
END/ So.... we urge you to support the @ronwyden-@senlummis-@sentoomey amendment and oppose the @markwarner amendment. Keep crypto innovation here in the US. Crypto. Here for Good. (I promise you it really is.)
Bloomberg
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill
- Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate
1/ Dear Senators, still confused about why the @markwarner amendments (yes, all 5 of them) fall short of fixing the #crypto provision in the #infrastructurebill? Here are 3 things you need to know.
Washington Post
How the cryptocurrency industry gained influence in Washington and became one of the biggest stumbling blocks holding up the passage of the infrastructure bill
10/ This type of policy shouldn't be rushed or forced into must-pass legislation. We'd love to start back at square one... but instead we find ourselves here.
Bloomberg
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill
- Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate
10/ This type of policy shouldn't be rushed or forced into must-pass legislation. We'd love to start back at square one... but instead we find ourselves here.
Washington Post
How the cryptocurrency industry gained influence in Washington and became one of the biggest stumbling blocks holding up the passage of the infrastructure bill
END/ So.... we urge you to support the @ronwyden-@senlummis-@sentoomey amendment and oppose the @markwarner amendment. Keep crypto innovation here in the US. Crypto. Here for Good. (I promise you it really is.)
Washington Post
How the cryptocurrency industry gained influence in Washington and became one of the biggest stumbling blocks holding up the passage of the infrastructure bill
2021-01-06
Kristin Smith, executive director of the Blockchain Association, said on Twitter that “the letter states that blockchains have the same status as other global financial networks, such as SWIFT, ACH, and FedWire.” https://twitter.com/...
The Block
OCC says banks and savings associations can now run crypto nodes and use associated stablecoins for “permissible payment activities”
2021-01-05
Kristin Smith, executive director of the Blockchain Association, said on Twitter that “the letter states that blockchains have the same status as other global financial networks, such as SWIFT, ACH, and FedWire.” https://twitter.com/...
The Block
OCC says banks and savings associations can now run crypto nodes and use associated stablecoins for “permissible payment activities”
National banks and federal savings associations can use public blockchains and stablecoins for settlement, The Office of the Comptroller of the Currency …