#U.S. Congress

The United States Congress is the legislative branch of the federal government, responsible for making laws.

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ForkLog 8 29.05.2023

Debt-limit deal excludes 30% tax on cryptocurrency mining

The debt-limit package agreed by President Joe Biden and House Speaker Kevin McCarthy contains no mention of the DAME excise tax.

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ForkLog 6 21.04.2023

Congress Eyes Bipartisan Cryptocurrency Legislation

The drive by some members of the U.S. House of Representatives to remove regulatory uncertainty around digital assets has gained support in the Senate. The bill could be drafted by the end of May, The Block reports.

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ForkLog 7 19.04.2023

Republicans grill SEC chair during congressional hearings

During his appearance before the U.S. House of Representatives, SEC Chair Gary Gensler faced criticism of the agency's stance on cryptocurrencies, particularly on whether Ethereum is a security, on regulating stablecoins, and on the situation surrounding FTX.

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ForkLog 5 17.04.2023

US Congress to propose removing SEC chair over ‘abuses’.

Ohio Republican Warren Davidson in the U.S. House will introduce legislation to remove Gary Gensler as SEC chair.

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ForkLog 7 14.04.2023

House lawmakers criticise SEC over explanations relating to the arrest of SBF

Chair of the U.S. House Financial Services Committee, Patrick McHenry, and the head of the Oversight and Investigations Subcommittee, Bill Huizenga, set April 17 as the new deadline for the SEC to provide information regarding the arrest of former FTX chief Sam Bankman-Fried (SBF).

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ForkLog 17 24.02.2023

U.S. congressman opposes Fed control over the digital dollar

The House Republican Leader, Tom Emmer, introduced a bill to protect Americans' financial privacy when using CBDCs.

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ForkLog 6 27.01.2023

ChatGPT-drafted resolution filed in U.S. Congress

U.S. Representative Ted Lieu, a Democrat, filed a non-binding AI regulation resolution drafted by the ChatGPT chatbot.

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ForkLog 8 27.01.2023

Congressman Used ChatGPT to Draft Speech

American Democratic congressman Jake Auchincloss delivered a speech in the U.S. House of Representatives that was written by the ChatGPT chatbot.

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ForkLog 8 16.01.2023

U.S. Congress forms a dedicated cryptocurrency subcommittee

The U.S. House of Representatives formed a subcommittee focused on digital assets within the Committee on Financial Services.

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ForkLog 7 19.12.2022

US Senate weighs possible ban on cryptocurrencies

The SEC and CFTC may need to consider banning cryptocurrencies, though implementing such a measure could prove difficult. This was stated on NBC by Sherrod Brown, the chair of the Senate Banking Committee.

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ForkLog 4 05.12.2022

Bankman-Fried dodges invitation to testify before U.S. Congress

Former FTX CEO Sam Bankman-Fried dodged a direct answer to an invitation to testify before a U.S. House Financial Services Committee.

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ForkLog 7 17.11.2022

US Congress probes Binance’s role in FTX collapse

The role of Binance in the sudden collapse of one of its rivals, the FTX exchange, drew close attention from the US Congress. The Block reported that Representative Patrick McHenry.

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