# Congress Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Congress", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Hyperliquid Sued by Two Major Traditional Exchanges

Hyperliquid, a cryptocurrency derivatives platform, is facing formal complaints from two major traditional exchanges, CME (Chicago Mercantile Exchange) and ICE (Intercontinental Exchange, parent company of the New York Stock Exchange). The firms have jointly approached the U.S. Congress and the CFTC (Commodity Futures Trading Commission), urging stricter regulatory oversight of Hyperliquid's operations. The action highlights growing tensions between established traditional financial institutions and emerging crypto-native platforms in the derivatives market.

链捕手05/16 07:23

Hyperliquid Sued by Two Major Traditional Exchanges

链捕手05/16 07:23

Crypto May Be Loud Online, But Only 4% Of Voters Care: Poll

A Politico survey reveals a stark disconnect between crypto industry lobbying and U.S. voter priorities. While crypto groups have spent over $130 million on the 2024 elections, only 4% of voters say a candidate's position on crypto would influence their vote. Affordable housing, consumer fraud protection, and lower bank fees rank as far more important issues for voters. The poll also shows public ambivalence toward digital assets. Only 27% support government efforts to make crypto mainstream, while 31% oppose it. Over half of respondents have never traded crypto and don't plan to. Among those who have traded, 7% say a candidate's stance would sway their vote. Furthermore, 45% view crypto investing as a risk not worth taking. Despite low voter interest, Congress is advancing crypto regulation. The Senate Banking Committee is set to vote on a regulatory framework bill, a version of which already passed the House in June.

bitcoinist05/14 21:31

Crypto May Be Loud Online, But Only 4% Of Voters Care: Poll

bitcoinist05/14 21:31

Crypto Allies Gain Ground In Congress After Indiana Primary Win

The crypto industry's main political action committee, Fairshake, spent heavily to support the successful primary re-election of Indiana Republican Representative James Baird, a reliable ally on crypto legislation. Fairshake, backed by major firms like Coinbase and Ripple, has a massive war chest and is already directing millions toward other 2026 races. Baird's win coincides with advancing crypto bills in Congress, including the CLARITY Act, which recently overcame a key hurdle on stablecoin yield provisions. However, the legislation faces scrutiny, with some senators demanding added ethics rules before offering their support.

bitcoinist05/08 08:37

Crypto Allies Gain Ground In Congress After Indiana Primary Win

bitcoinist05/08 08:37

Under Political Pressure, Is the Federal Reserve Still Independent?

Amidst political pressure from former President Trump and congressional scrutiny, Kevin Warsh, nominated as Federal Reserve chair, argued that public comments from elected officials on interest rates do not fundamentally threaten the Fed’s operational independence. Instead, he emphasized that the real risk to the Fed’s autonomy lies in its failure to control inflation, which could erode public trust. Warsh also cautioned against the Fed overstepping into fiscal or social policy domains beyond its mandate. His remarks come as the Fed faces external pressures, including a Justice Department investigation into a renovation project and persistent inflation above the 2% target, exacerbated by rising energy prices. Warsh stressed that the Fed’s focus on its core mission—price stability—is essential to maintaining its credibility and independence.

marsbit04/21 08:09

Under Political Pressure, Is the Federal Reserve Still Independent?

marsbit04/21 08:09

Atkins' First Year at the Helm of the SEC: A Comprehensive Shift in Crypto Regulation

Paul Atkins marked his one-year anniversary as Chair of the U.S. Securities and Exchange Commission (SEC) on April 21, 2025, overseeing a significant shift in the agency’s approach to cryptocurrency regulation. Under his leadership, the SEC dropped multiple enforcement actions against crypto firms, approved several crypto-linked ETFs, and issued guidance clarifying that most cryptocurrencies are not considered securities under federal law. The SEC also signed a memorandum with the CFTC to improve regulatory coordination. These actions reversed the aggressive enforcement stance of his predecessor, Gary Gensler, and aligned with Trump administration promises to support the crypto industry. However, Atkins has faced criticism from Democratic lawmakers, including Senator Elizabeth Warren, who raised concerns over potential conflicts of interest, particularly regarding dropped cases linked to Trump-affiliated companies. While regulatory clarity has improved, the SEC still awaits congressional action to formally define its jurisdiction over digital assets.

marsbit04/21 03:58

Atkins' First Year at the Helm of the SEC: A Comprehensive Shift in Crypto Regulation

marsbit04/21 03:58

Coinbase CEO Backs CLARITY Act Push After Treasury Secretary Called For Senate Action

The push for crypto legislation in the U.S. has gained momentum with rare alignment between policymakers and industry leaders. Coinbase CEO Brian Armstrong publicly endorsed the Digital Asset Market Clarity Act of 2025, marking a shift from his previous opposition. His statement came in response to a Wall Street Journal op-ed by Treasury Secretary Scott Bessent, who urged Congress to pass the bill, warning that the U.S. risks falling behind jurisdictions like Abu Dhabi and Singapore without clear regulations. Bessent emphasized the need for "durable law" to attract blockchain developers and entrepreneurs back to the U.S. Armstrong expressed gratitude for bipartisan efforts, despite having withdrawn support for an earlier draft in January 2026. SEC Chair Paul Atkins also backed the call for comprehensive market structure legislation.

bitcoinist04/13 10:00

Coinbase CEO Backs CLARITY Act Push After Treasury Secretary Called For Senate Action

bitcoinist04/13 10:00

SEC Chair Presses Congress On Crypto Market Structure, Wants Bill To Reach President’s Desk

SEC Chair Paul S. Atkins urged Congress to pass the CLARITY Act, which aims to establish a clear regulatory framework for crypto markets in the U.S. He emphasized the need to move away from "regulation by enforcement" and enable coordinated oversight by the SEC and CFTC. His comments follow similar calls from Treasury Secretary Scott Bessent, who warned that the U.S. risks losing its leadership in financial innovation without such legislation. The push comes amid ongoing disputes between banks and crypto firms over provisions in the already-passed stablecoin bill (GENIUS Act), particularly regarding restrictions on interest payments for stablecoin holders. Despite bipartisan efforts, no compromise has been reached.

bitcoinist04/10 10:22

SEC Chair Presses Congress On Crypto Market Structure, Wants Bill To Reach President’s Desk

bitcoinist04/10 10:22

Treasury, CFTC ramp up pressure on Congress to pass CLARITY Act

Senior U.S. Treasury and CFTC officials are increasing public pressure on Congress to advance the long-stalled CLARITY Act, signaling a coordinated push from the executive branch to move crypto legislation forward. Officials emphasized urgency, framing the bill as essential for providing regulatory clarity and future-proofing digital asset markets. The push comes shortly after a White House report challenged a key point of contention—whether stablecoin issuers should be allowed to offer yield—by concluding that a ban would have minimal impact on bank lending but reduce consumer welfare. The CLARITY Act aims to define market structure, jurisdictional boundaries, and oversight roles, but has been delayed due to debates between traditional finance and crypto industry interests. While executive agencies are shaping the narrative, Congress holds the key to turning policy alignment into law. The renewed pressure suggests the push for a unified crypto regulatory framework may be entering a more decisive phase.

ambcrypto04/09 15:29

Treasury, CFTC ramp up pressure on Congress to pass CLARITY Act

ambcrypto04/09 15:29

‘Congress must pass the Clarity Act’ – U.S. Treasury Secretary’s plea decoded

U.S. Treasury Secretary Scott Bessent urges Congress to pass the Digital Asset Market Clarity Act, arguing that clear federal rules are essential to prevent the relocation of crypto development to jurisdictions like Abu Dhabi and Singapore. He warns that regulatory uncertainty in the U.S. makes the risks of operating there outweigh the benefits. The call is supported by Senator Cynthia Lummis, who believes the act would serve as a "safe harbor" for innovation. However, prediction market Polymarket indicates the odds of the bill passing by 2026 have recently dropped to 57%. Despite this, key industry figures, including Coinbase's Chief Policy Officer, express confidence that legislative progress will be made.

ambcrypto04/09 10:04