Your Resource for Government on Crypto

Lawmakers have begun reacting to Binance’s settlements with DOJ, CFTC, and Treasury. Sens. Debbie Stabenow (D-MI) and Elizabeth Warren (D-MA) voiced support on X, formerly known as Twitter. Sen. Stabenow stated that agencies must continue to pursue crypto companies that defraud Americans and enable criminal activity, but Congress must also act to regulate the crypto industry. Sen. Warren called Changpeng Zhao’s guilty plea “sadly predictable,” and part of a “larger trend of criminal activity in the crypto industry.”