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The Latest Breaking News from Kristin Smith

Congress must pass stablecoin legislation, top crypto group tells lawmakers

The letter comes ahead of a pivotal congressional hearing on Thursday.

Fortune

Small towns grapple with climate

How a little-known federal grant requirement could hinder climate resilience work

Salon

Can America’s low-cost mobile homes withstand the climate crisis?

From Vermont to Montana, efforts are under way to protect residents in flood-vulnerable locations

The Guardian - US

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read the most diverse news in one place.

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Roll Call

Sam Bankman-Fried was the face of crypto in D.C. What would FTX’s acquisition mean for regulation?

Binance's power play sent shockwaves through Washington.

Fortune

GOP midterm victory would add pressure on fintech regulators

If Republicans win control of Congress in the November midterms, people who closely follow financial technology expect pressure on regulators to push crypto-friendly rules across the finish line.

Tribune News Service

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GOP midterm victory would add pressure on fintech regulators - Roll Call

Regulators may feel congressional pressure to finish some fintech rules after the midterms, but a GOP majority would want a light touch.

Roll Call

Crypto firms say US sanctions limit use of privacy software

The Treasury Department faces pushback from the cryptocurrency industry over sanctions imposed on a virtual currency mixing firm

The Independent UK

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Tribune News Service

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

Roll Call

Crypto-linked super PACs boost spending on primary races

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

Tribune News Service

Crypto-linked super PACs boost spending on primary races - Roll Call

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

Roll Call

Crypto comes to Washington. Will the millions buy influence?

Cryptocurrency tycoons are emerging as the new power players in American politics

The Independent UK

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news in one place.

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Tribune News Service

La criptoindustria está lista para desempeñar un papel más importante en las campañas de mitad de periodo

WASHINGTON— Las elecciones de 2022 pondrán a prueba si el sector de las criptomonedas, cuyo valor se quintuplicó a finales de 2020 y que aumentó gracias a una disposición fiscal promulgada en noviembre, impulsará el gasto para las campañas políticas.

Tribune News Service

Crypto industry poised to play larger role in midterm campaigns

WASHINGTON — The 2022 elections will test whether the cryptocurrency industry, now more than five times its value in late 2020 and fired up by a tax provision enacted in November, will boost spending on political campaigns.

Roll Call

Crypto industry poised to play larger role in midterm campaigns - Roll Call

The crypto currency industry contributed far more money to candidates in 2021 than in 2019, a sign of its growing market value.

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