Congress

Regulation

Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules

A group of influential US senators want to see digital currency holdings declared at the border – and advocates of the tech are pushing back.

Policy & regulation  ·  19 June 2017
Security

US Should Encourage Blockchain Investments, Says Former Defense Official

The US should promote investments in blockchain as part of a broader fight against cyberthreats, a former Defense Department official has said.

Policy & regulation  ·  15 June 2017
IRS

US Congressional Group Calls on IRS to Clarify Bitcoin Tax Guidance

A US congressional caucus is calling for more guidance from the Internal Revenue Service on the tax requirements for digital currencies like bitcoin.

Policy & regulation  ·  7 June 2017
Regulation

US House Committee to Hold Virtual Currency Hearing

The US House of Representatives Financial Services Committee is holding a hearing on virtual currencies this week.

Policy & regulation  ·  6 June 2017
IRS

The IRS is Due to Present its Digital Currency Strategy to Congress Next Week

Congress wants answers from the Internal Revenue Service about its investigation into bitcoin tax avoidance – and they’re due by next week.

Policy & regulation  ·  1 June 2017
IRS

Congress Seeks Answers From IRS About Its Bitcoin Tax Investigation

Congressional leaders want answers about the Internal Revenue Service's ongoing effort to obtain user records from Coinbase.

Markets  ·  18 May 2017
Regulation

US Congress to Announce Study on Virtual Currency Link to Terrorism Today

A US Congressional subcommittee is developing a bill to study the use of digital currencies by terrorists, CoinDesk has learned.

Policy & regulation  ·  16 May 2017
Crime

Boom in Drug Dealer Digital Currency Use Sparks Worries Among US Officials

There's been "a substantial increase" in cases involving digital currencies in the drug trade, a DHS official told Congress yesterday.

Policy & regulation  ·  22 March 2017
Donald Trump

Blockchain-Friendly Congressman Faces Hearings for Trump Budget Role

A blockchain-friendly member of Congress faced confirmation hearings on Capitol Hill yesterday in his bid to lead the Office of Management and Budget.

Markets  ·  25 January 2017
Regulation

Congressional Committee Calls for CFTC ‘Clarity’ on Bitcoin

A Congressional committee has called on the Commodity Futures Trading Commission to focus on digital currency regulation.

Policy & regulation  ·  22 November 2016
Regulation

US Central Bank Chair: Blockchain Could Have ‘Significant’ Impact

The Federal Reserve isn't working on any blockchain applications of its own at this time, according to Fed chair Janet Yellen.

Policy & regulation  ·  28 September 2016
Regulation

Momentum Grows for Blockchain Action in Washington

Recent developments around blockchain in Washington, DC are setting the stage for even bigger moves in the year ahead.

Policy & regulation  ·  28 September 2016
Regulation

Can Blockchain Help America’s Veterans? One Lawmaker Thinks So

A US congressman has proposed that the country’s administration for veterans affairs use blockchain to track medical appointments.

Policy & regulation  ·  14 September 2016
Regulation

Blockchain Support Bill Passes Vote in US Congress

The House of Representatives has passed a resolution calling for a national technology policy which includes language for digital currencies.

Policy & regulation  ·  12 September 2016
Regulation

US Senators Seek Blockchain Guidance From CFPB, Federal Reserve

Twenty-two US senators sent a leader to senior government officials and the Federal Reserve requesting information about the regulation of blockchain.

Policy & regulation  ·  29 July 2016