Senator Bill Hagerty, who backed the Senate's version of the legislation, predicted the body will "make history" next week by passing the bill.
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation.
DEK:The congressman said he thinks getting a stablecoin bill and a market structure bill on President Donald Trump’s desk by the August recess is “still doable.”
TuongVy Le, a compliance expert and ex-SEC lawyer, said the rest of the financial industry is likely to migrate into the world overseen by pending regulations.
Last-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens.
Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.
Democrats abandoned a joint hearing of two committees on crypto policy, inviting people to instead attend their own discussion of Trump's "crypto corruption."
Democratic Senator Chris Murphy pushed a bill to block presidential coins while Elizabeth Warren described how to get Dems to move forward on stablecoins.
As a successor to the so-called FIT21 bill in the last session, the committee chairs in the House have released a discussion draft of a market structure bill.
The country is falling behind other nations in developing a welcoming environment for crypto companies.
Patrick McHenry, the ex-lawmaker who championed last year's crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.
Panel Democrats were stymied by witnesses declining to talk about potential conflicts of interest from President Donald Trump's crypto businesses.
While the Securities and Exchange Commission prepares for a crypto roundtable, policy moves at the agencies are getting more done than higher-profile rhetoric.
The Digital Chamber's founder and longtime CEO, Perianne Boring, is stepping into a board chairman role as Cody Carbone takes over the leadership.
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
The advocacy group's chief legal officer, Amanda Tuminelli, will be the new executive director as her predecessor take a board role.
Texas' bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.
Tyler Williams, a crypto lawyer hired as the crypto counselor for Treasury Secretary Bessent, said there's a ton of inside work to be done in the department.
In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.
The Senate has pushed stablecoin bills before, but the chamber is now led by Republicans who want to make Hagerty's latest effort happen.
Sen. Cynthia Lummis accused the U.S. SEC under former Chair Gary Gensler of undermining lawmakers' efforts to regulate crypto.
Despite the rapidly evolving relationship between traditional finance and cryptocurrency, significant changes are not just based on market dynamics, but also political factors, says Lucas Schweiger.
Just seven weeks before Donald Trump takes office, the crypto industry’s expectations of a friendlier administration and better regulations in the next four years continue to rise. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, suggested that after January 20, 2025, legislation related to the digital assets sector will quickly pass through the new US Congress. […]