Will a crypto Congress be the 'crypto Congress'?

Sheila Warren, CEO of the Crypto Council for Innovation, thinks this will be the “Crypto Congress” because the industry’s need for oversight “hits the trifecta of interest, understanding and urgency with lawmakers,” she said.

Will Congress pass a bill on crypto?

The U.S. Congress has so far been unable to get comprehensive legislation on crypto passed despite a number of bills making progress on Capitol Hill last year. Read full coverage of Consensus 2023 here.

What does the new crypto Bill mean for cryptocurrencies?

The new U.S. crypto bill—after several attempts to pass crypto legislation in previous sessions—proposes cryptocurrencies offered as part of an investment contract would fall under SEC oversight, while those that qualify as commodities would be overseen by the Commodity Futures Trading Commission (CFTC).

Did Congress get a crash course on cryptocurrency?

Congress gets a crash course on cryptocurrency. For the first time, the chief executives of cryptocurrency companies faced questions from lawmakers about risk and regulation. Representative Maxine Waters, the chairwoman of the House Financial Services Committee, called Wednesday’s hearing on cryptocurrency. Sarahbeth Maney/The New York Times