In the lead-up to the potential passage of the crypto market structure bill, known as the CLARITY Act, Faryar Shirzad, Chief Policy Officer at Coinbase, shed light on the ongoing discussions surrounding key provisions of the already enacted GENIUS Act. GENIUS Act Under Fire Shirzad noted that the stablecoin rewards provisions of the GENIUS Act are currently a central topic of debate among lawmakers. Shiraz remarked, “reopening it now only creates uncertainty and risks the future of the US Dollar as commerce moves onchain.” Shirzad emphasized the importance of protecting the GENIUS Act, arguing that rewards benefit consumers without adversely affecting community banks. Related Reading: Solana Shatters Records: 2025 Annual Review Reveals New All-Time Highs In Key Metrics He alleged that the motivation behind banks’ opposition to stablecoin rewards is evident. He claimed that US banks currently generate approximately $176 billion annually from the $3 trillion they hold at the Federal Reserve (Fed) and another $187 billion from card swipe fees, which averages to nearly $1,440 for each household. This results in over $360 billion yearly from payments and deposits, in addition to substantial unused lending capacity, as the Federal Reserve incentivizes banks to maintain reserves rather than deploy them. According to Shirzad, stablecoin rewards pose a challenge to these financial margins—not by impeding banks’ ability to lend, but by introducing real competition in payment systems. Shirzad further expressed alarm at how, during these Senate discussions, China has recognized the opportunity presented by the bank lobby. The country has recently announced interest payments to users of its Digital Yuan, aiming to undermine the supremacy of the US dollar. He warned that banning rewards in the Senate would inadvertently aid China’s efforts to challenge the dollar’s dominance. Concluding his remarks, Shirzad asserted that the opposition from banks toward stablecoin rewards is not based on prudential concerns but stems from a desire to protect lucrative revenue streams threatened by competition. Deaton Critiques ABA’s Threat To Stablecoin Rewards John E. Deaton — attorney for XRP holders in the US Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs and a former Senate candidate — also reacted to these developments. He emphasized the importance of the situation as China officially began offering interest on the digital yuan. He highlighted that the American Bankers Association (ABA) is exerting pressure on the Senate to close a “third-party loophole” in the GENIUS Act, which would restrict companies like Coinbase (COIN) and Kraken from offering rewards to consumers. Related Reading: Ethereum Staking Queue Grows: What Does This Mean For ETH Prices Moving Forward? Deaton argued that banning American firms from providing yield to everyday citizens does not protect banks, as claimed by the ABA; rather, it risks forcing global reliance on China’s currency over the US dollar. He emphasized that major banks are threatened by the concept of digital dollars because they are unable to “rent” that money back to consumers if individuals are earning yield themselves. The criticism also extended to banking officials, with Deaton asserting that the Banking Policy Institute, led by figures like Jamie Dimon, has crafted an anti-crypto bill last year that undermines the interests of average Americans. He contended that if the Senate capitulates to the bank lobby, it effectively imposes a hidden tax on retail investors and customers nationwide to safeguard Wall Street’s profits. Featured image from DALL-E, chart from TradingView.com
There’s still a lot of work to be done by US lawmakers to give clarity (no pun intended) and perhaps closure to the long-standing debate on how the CLARITY Act should be enacted into law, when, and how. Related Reading: Bitcoin ETFs Bring The Heat: $1.2 Billion Flows In First 48 Hours—Analyst One lawmaker in the person of Senate Banking Committee Chairman Sen. Tim Scott said the CLARITY Act will be debated in the Senate next week, setting up what could be a decisive moment for US crypto rules. Scott has signaled a markup and a committee vote as early as next Thursday, reports note, putting pressure on negotiators who have been revising the bill for months. Related Reading: Bitcoin ETFs Bring The Heat: $1.2 Billion Flows In First 48 Hours—Analyst Senate Vote Scheduled For Next Week According to multiple reports, Scott told press he wants a formal vote to put members on record about market structure for digital assets. The move comes after lawmakers paused action late last year and pushed key work into January, a delay that left the industry watching closely. seems to me we’re probably going to get a crypto market structure bill…I reviewed the list of remaining issues and the main potential ‘showstoppers’ left are some things around illicit finance re: DeFi front-ends etc…surely some deal should be possible there?…Jan 15th… — _gabrielShapir0 (@lex_node) January 6, 2026 Supporters say the bill would aim to spell out which federal agencies regulate different parts of the crypto market, and to reduce some legal uncertainty for exchanges and token projects. Based on reports, the draft includes provisions on how the SEC and CFTC would share oversight and on consumer protections, though most final details are still being hashed out. Lawmakers Face Key Policy Disputes Several major sticking points remain unresolved, including rules for decentralized finance, stablecoin yields, and how many regulators are needed to take enforcement actions. Reports have warned that the committee may be rushing toward a vote while those issues are still open, which could complicate getting bipartisan support later on. Industry groups and some senators have urged more time to iron out those details. That pressure comes as proponents argue the country needs clearer rules to guide firms and investors. The debate has become both technical and political, with members of both parties expressing concern about leaving important protections unclear. Markets React To The Uncertainty Based on market reports, news of delays and uncertainty around the bill has already moved prices. Bitcoin briefly pushed past $93,000 before retreating to about $86,729 after a recent holdover in the Senate, showing how sensitive crypto markets can be to legislative timing. Traders and firms are watching the calendar closely because even the promise of a vote can sway flows and sentiment. Related Reading: Bitcoin Wealth Isn’t About Hype—It’s About Time And Stacking, Expert Says Bill Could Reach The President The House approved its version of the market structure framework last year, meaning a Senate passage would send the measure to the desk of US President Donald Trump for signature. Committee leaders say getting a clear vote on record is important both for transparency and for moving negotiations forward on the Senate floor. Featured image from National Investigative Training Academy, chart from TradingView
Prediction markets and analyst desks are sending different signals about Bitcoin’s near-term path. Traders on Polymarket appear cautious, while some big-name firms keep calling for big gains in 2026. Related Reading: Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators Market Odds And Trader Caution According to Polymarket prices, Bitcoin has just a 23% chance of reaching $150,000 before 2027. The odds are higher at lower targets: 47% for $120,000, 35% for $130,000 and 29% for $140,000. Traders are most comfortable with $100,000, which carries about an 80% chance. That spread shows bettors are pricing risk tightly as the clock runs toward the new year. Bitcoin closed 2025 in the red, a fact that has likely cooled some enthusiasm. Reports have disclosed that gold and silver hit fresh highs in the fourth quarter of 2025, while crypto prices held mostly flat. The old four-year halving cycle that many chartists relied on is being questioned, and that doubt is being priced in. Technical Signals Based on the latest Bitcoin price outlook, BTC is expected to climb 3% to about $91,815 by February 1, 2026. Technical signals point to a Bearish mood, while the Fear & Greed Index stands at 28, reflecting Fear. Over the past 30 days, Bitcoin posted gains on 15 of those days, or 50%, with price swings averaging 2%. Policy Shifts Could Change The Math US President Donald Trump is expected to name a new Federal Reserve chair soon, and many market participants are betting that interest rates will be cut afterward. That idea has already helped send precious metals higher. At the same time, regulators in Washington are pushing crypto bills such as the GENIUS Act and the CLARITY Act, which backers say could give clearer rules and, in time, more institutional interest. Analysts Still Offer Bullish Targets Ripple CEO Brad Garlinghouse has publicly predicted that Bitcoin could reach $180,000 by the end of 2026, citing stronger institutional interest and better regulatory clarity as reasons for his bullish outlook. Related Reading: Bitcoin’s Bear Market Might Not Be New: Data Points To A 2-Month Slide Analysts at JPMorgan have suggested a theoretical Bitcoin price around $170,000 in 2026, based on a model comparing Bitcoin’s behavior to gold and assuming continued capital flows into the crypto market. Grayscale’s 2026 digital asset outlook expects Bitcoin to exceed its previous all-time high in the first half of 2026, implying a move above its record peak of around $126,000 (though not giving a specific numerical target, the implication is toward significant upward momentum). Policymakers, traders and analysts are all weighing different risks. Market prices reflect caution today, while forecasts offer a brighter view for the months ahead. Which one proves right will depend on policy moves, investor appetite and whether new trading patterns replace the cycle many thought they could count on. Featured image from Unsplash, chart from TradingView
In 2025, crypto regulation stopped being mostly about courtroom theater and started focusing on actual infrastructure. Debates over how or whether to regulate crypto became less philosophical and more operational. Regulators spent the year answering the “boring” questions that decide whether a market can scale: who is allowed to issue a “digital dollar,” what backs […]
The post We mapped every major 2025 crypto regulation change to show you which rules actually protect your wallet appeared first on CryptoSlate.
The US Congress is closer than ever to defining federal rules for digital assets, yet the question of whether stablecoins can provide yield has slowed the process more than agency turf battles or token classification. Notably, the House has already advanced the Digital Asset Market Clarity Act, outlining a path for certain tokens to move […]
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Amid this week’s crypto market correction, Ark Invest’s CEO and CIO, Catie Wood, has slashed her 2030 bullish forecast for Bitcoin (BTC), highlighting the global momentum of the stablecoin sector. Related Reading: Web3 Verifiable Settlement Protocol To Bring ‘Internet-Speed’ Payments With New Upgrade Stablecoins Overtake Part Of BTC’s Role On Thursday, Ark Invest’s CEO, Cathie Wood, joined CNBC’s “Squawk Box” to discuss Bitcoin’s price, her thoughts on stablecoins’ growth, and how her previous bullish forecast for the flagship crypto has evolved over the past year. In the interview, Wood underscored that the rapid rise of stablecoins is taking on a role she thought BTC would handle, leading to a 20% reduction of her $1.5 million prediction by 2030. It’s worth noting that the investment management firm has previously affirmed that the leading cryptocurrency could serve as a store of value and a global settlement system. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood affirmed on Thursday morning. “Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought bitcoin would, I think we could take maybe $300,000 off of that bullish case just for stablecoins.” “Emerging markets are huge in this regard,” she said, adding that “we’re starting to see institutions in the United States focused on new payment rails, with stablecoins at the core. So very interesting movement.” Notably, the sector has seen rapid adoption following the enactment of the GENIUS Act in the US, with other leading jurisdictions, including the UK and South Korea, pushing to establish their own regulatory framework in the coming months. Similarly, multiple leading companies in the traditional payment system are preparing strategic moves into the stablecoin sector. Last week, the global financial services company Western Union announced its plan to launch the US Dollar Payment Token (USDPT) on the Solana blockchain. To Wood, “Stablecoins are scaling here much faster than anyone would have expected,” making it a space to watch in the future. Wood Is Still Bullish On Bitcoin Despite recalibrating her 2030 bull case, Ark Invest’s CEO emphasized that she remains bullish on Bitcoin, noting that growing institutional adoption will be a powerful driver for long-term value. Currently, the flagship cryptocurrency has declined 20% from its October 6 all-time high (ATH) of $126,000, briefly falling below the $100,000 mark earlier this week. Nonetheless, most market analysts and investors remain bullish on BTC’s long-term performance. Related Reading: Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Rally Over? Wood highlighted that “Bitcoin is a global monetary system, it is the lead in a new asset class, and it’s a technology, all wrapped in one.” She added that institutional participation in the sector has only begun, stating, “Institutions really have just dipped their toes into this space. We have just started, so we have a long way to go.” The CEO closed her observations by affirming that the broader crypto ecosystem is expanding, not contracting. “I think the whole space gets bigger,” she concluded. Featured Image from Unsplash.com, Chart from TradingView.com
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Crypto payments are having a moment. From Circle’s billion-dollar IPO to the GENIUS Act clearing a path for stablecoin regulation, the tailwinds are blowing […]
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A major Bitcoin whale has begun offloading massive amounts of BTC while simultaneously accumulating ETH. Such whale activity has typically influenced sentiment and liquidity, with ETH stacking rising in pace as BTC reserves are reduced, as analysts watch to see whether whale conviction could tilt the balance between the two largest cryptocurrencies. Whale Unwinds 15,000 BTC Position A Bitcoin whale who once held 15,000 BTC is selling massive amounts of BTC and buying ETH, making waves across the crypto market. Analyst CryptoGucci has revealed on X that this wallet, which originally held 15,000 BTC, was moved from cold storage 7 years ago, and has aggressively sold thousands of BTC while buying up massive amounts of ETH. Related Reading: $500M Liquidations Rock Ethereum and Bitcoin: Is the Crash Fueling Whale Accumulation? In the past 24 hours, the whale has deposited 2,370 BTC worth $266 million in exchanges and has been steadily selling more BTC every few hours. This whale has been stacking ETH at scale. The whale’s holdings now sit at 167,629 ETH across 5 wallets, worth $706 million, which is spread across spot ETH, perpetual contracts, and Aave ETH positions in WETH and aEthWETH. Ethereum is rapidly gaining traction among corporate treasuries. According to CryptoRank_io’s update, the public companies now hold 2% of ETH’s total supply, marking a significant milestone in institutional adoption. Since April 1st, corporate ETH holdings have skyrocketed from $70 million to an impressive $10.9 billion, which reflects a surge in institutional confidence. Over the same period, the public companies BTC holdings also increased from 3.07% to 3.93% of total supply, showing a steady accumulation of both top crypto assets. BitMine is leading the pack, which now holds over 1.5 million ETH, making it the largest corporate ETH treasury in the world. Bitcoin And Ethereum Market Positioning HolaItsAk47 also stated the conversation around the 2025 bull run is heating up, and ETH keeps resurfacing. For years, Bitcoin has dominated as the undisputed leader of the crypto markets. This time, the fundamentals suggest that ETH is not just catching up to BTC, but it could take the lead in future finance. Related Reading: Ethereum Now Carries Tokenized Notes From Singapore’s Largest Bank With ETH leading the charge in the Stablecoin dominance, the network is becoming the backbone of digital finance, hosting top stablecoins like USDC, USDT, and more. Also, the GENIUS Act clarity regulatory developments are becoming clearer, paving the way for institutional adoption without compromising network utility to accelerate. Given the institutional inflows of billions pouring into Ethereum ETFs and corporate treasuries gradually increasing exposure, ETH is capturing serious institutional attention. Dencun Upgrade, slashing transaction fees by up to 98%, has massively improved scalability and usability. DeFi and tokenization remain the primary platforms for decentralized finance and tokenized assets in ETH, while reinforcing its central role in Web3. Featured image from Pixabay, chart from Tradingview.com
Harvard economist Kenneth Rogoff, who declared in 2018 that Bitcoin was more likely to crash to $100 than rally to $100,000, has returned. He indirectly admitted he was wrong and outlined reasons why his prediction fell through. Harvard Economist Breaks Silence On Missed Bitcoin Prediction In an X post, Rogoff identified himself as the Harvard economist who said that Bitcoin was more likely to be worth $100 than $100,000. He then went on to comment on what he missed when he made this prediction. First, the economist said that he was far too optimistic about the U.S. coming to its senses about sensible crypto regulation. Related Reading: Crypto Founder Predicts The Collapse Of Bitcoin In This Timeframe Rogoff, who was the former chief economist of the International Monetary Fund (IMF), indicated that the Donald Trump administration has gone about Bitcoin and crypto regulation in the wrong way. He questioned why policymakers would want to facilitate tax evasion and illegal activities, likely in reference to regulations such as the GENIUS Act, which have provided regulatory clarity. It is worth mentioning that one of the reasons the Harvard economist had predicted that Bitcoin was more likely to go to $100 was based on his belief that government regulation would trigger lower prices. He had made this prediction when BTC was trading at around $11,000. Rogoff claimed back then that the flagship crypto needed global regulation to crack down on its use for money laundering. The former IMF chief believed that if this regulation took away the possibility of money laundering and tax evasion, then Bitcoin’s actual use cases for transactions were very small. As such, he was banking on BTC lacking any demand, which would drive its price lower rather than higher. However, that hasn’t been the case as government regulation has only boosted Bitcoin’s demand. The flagship crypto rallied to $100,000, a price level Rogoff said it won’t reach, for the first time last year following Donald Trump’s victory. Meanwhile, BTC has reached new highs on the back of regulatory clarity, including its rally to a previous all-time high (ATH) just before the passage of the GENIUS Act last month. Further Reasons For The Missed Prediction The Harvard economist also stated that he did not appreciate how Bitcoin would compete with fiat currencies to serve as the transaction medium of choice in the $20 trillion global underground economy. He further remarked that this demand puts a floor on its price. Related Reading: Two Scenarios Map Out Bitcoin Price Crash After Recovery In addition to being a transaction medium of choice, BTC has also gained a reputation as a store of value, which has created demand for it among traditional finance (TradFi) investors. These investors have gained exposure to Bitcoin mainly through the ETFs. Interestingly, Harvard recently revealed a $117 million stake in BlackRock’s BTC ETF. Lastly, Rogoff said that he did not anticipate a situation where regulators, especially the regulator in chief, would be able to brazenly hold hundreds of millions or even billions of dollars in crypto without consequence, considering the “blatant conflict of interest.” At the time of writing, the Bitcoin price is trading at around $113,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The Crypto Council for Innovation (CCI) and the Blockchain Association jointly issued a letter on Aug. 20 endorsing Brian Quintenz for Chairman of the US Commodity Futures Trading Commission (CFTC). In the letter to President Donald Trump, the groups emphasized that confirming Quintenz promptly is critical to advancing his administration’s agenda to foster a “golden […]
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A coalition of US banking groups, led by the Bank Policy Institute (BPI), has urged lawmakers to address a major oversight in the recently passed GENIUS Act stablecoin bill. In an Aug. 12 statement, the BPI conceded that the bill blocks stablecoin issuers from offering direct yields or interest to holders. However, they pointed out […]
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The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector. According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp increase from the $1.26 trillion processed in June and surpasses the previous high seen in August 2024, when volumes topped […]
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In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market, particularly for Bitcoin (BTC). They foresee a major surge ahead, driven by recent US legislative developments such as the signing of the GENIUS Act. They assert that these developments bolster the role of stablecoins as key players in the future of digital payments. New Regulatory Landscape For Stablecoins Central to BlackRock’s analysis is the recently enacted GENIUS Act, legislation that aims to establish a comprehensive framework for stablecoins as a means of payment. Stablecoins, digital tokens pegged to traditional currencies such as the US dollar, are gaining significant traction among traditional finance firms seeking to modernize their transactions, and could solidify the dollar’s dominance in global markets. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? Though their current market share is about 7%—equating to approximately $250 billion—the rapid adoption of stablecoins since 2020 indicates a growing acceptance within the financial landscape. The GENIUS Act delineates stablecoins as payment methods rather than investment products, which includes provisions to prohibit interest payments and restrict issuance to federally regulated banks and select nonbanks. This regulatory framework is poised to create a tokenized ecosystem centered around the US dollar, facilitating easier access for users in emerging markets while potentially limiting adoption in major economies due to the ban on interest payments. Additionally, the act specifies the types of assets that stablecoin issuers can hold in reserve, predominantly consisting of repurchase agreements, money market funds, and US Treasury bills with short maturities. Notably, major stablecoin issuers like Tether (USDT) and Circle (USDC) currently hold over $120 billion in Treasury bills, yet this represents only a small fraction of the total outstanding US Treasury bills. BlackRock Optimistic About Bitcoin’s Potential BlackRock’s commentary also suggests that while the demand for Treasury bills may increase as the stablecoin market grows, the overall impact on yields could be limited. This is due to a likely offsetting shift of funds from similar assets rather than generating significant new demand. Furthermore, the US Treasury’s inclination to increase short-term debt issuance to address persistent budget deficits may also dampen any upward pressure on yields. Beyond US borders, other regions are also taking steps to regulate stablecoins. Hong Kong is implementing new regulations aimed at fostering innovation in stablecoins, while Europe is exploring the concept of a digital euro, albeit with limitations to protect traditional banks. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Should other nations allow interest-bearing stablecoins or pursue central bank digital currencies (CBDCs), the US dollar’s role in trade finance could be at risk, the experts assert, potentially prompting the US to reconsider its stance on interest payments. As digital assets continue to gain mainstream acceptance, the combination of regulatory support and US administration backing suggests a future where Bitcoin and stablecoins play a more integral role in financial systems. BlackRock remains optimistic about Bitcoin’s potential as a distinct return driver and a key asset in diversified investment portfolios. Featured image from DALL-E, chart from TradingView.com
Ethena Labs has partnered with Anchorage Digital to launch a fully regulated version of its USDtb stablecoin within the United States, aligning with the newly enacted GENIUS Act, according to a July 24 statement. The collaboration marks a major milestone for Ethena as it transitions USDtb’s issuance to a domestically regulated GENIUS Act framework that […]
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US crypto watchers are on edge. A new policy report is set to land before the month ends – and it could reshape how digital assets fit into the US government’s plans. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest Working Group Sets Release Date According to an X post by Bo Hines, the President’s Digital Asset Working Group wrapped up its 180‑day study and will publish the findings on July 30. Based on reports, the group was originally expected to unveil the report around July 22, following an executive order in January by US President Donald Trump. That order asked the team to sketch out how a Strategic Bitcoin Reserve might work. The report should spell out how much Bitcoin the US holds today. Those coins come from law enforcement seizures over recent years. Policy wonks and investors alike want to know whether the federal stash is just a data point or the start of a bigger reserve plan. Strategic Bitcoin Reserve Insights Inside sources say the document will cover the nuts and bolts of setting up a national digital‑asset fund. It’s likely to recommend using existing seized coins first. Then it could suggest budget‑neutral methods—like moving assets from other funds—to buy more Bitcoin. There’s talk of tapping nearly 200,000 BTC that authorities have captured so far. Security, storage and audit rules will also get attention, since a reserve needs tight guards and clear accounting. The executive order hinted that the reserve would use only lawfully obtained coins. It didn’t detail how long the government must hold them before selling, but some drafts mention a 20‑year holding period for stability’s sake. If that sticks, it would mirror long‑term strategies used for gold and other strategic resources. Related Reading: PENGU Heats Up: Nearly $600M In Open Interest Sparks Rally Talk Congressional Moves On Crypto On the Hill, Congress isn’t sitting still. Trump recently signed the GENIUS Act, which lays out rules for banks, credit unions and trusted non‑banks to issue stablecoins. At the same time, the Senate Banking Committee just rolled out a crypto market structure bill. That proposal aims to decide who’s in charge—whether it’s the SEC or the CFTC—and how to protect everyday users. Beyond those measures, Senator Cynthia Lummis has reintroduced the BITCOIN Act. It would direct the Treasury to buy 1 million BTC over five years. Investors see a clear upside if both executive and legislative moves line up. More government buying could add heavy demand to Bitcoin’s market. Yet some experts warn that holding such a volatile asset on a government balance sheet carries its own risks, from price swings to security costs. Featured image from Pexels, chart from TradingView
The Genius Act is a US law aimed at establishing federal oversight for stablecoin issuers, setting rules for reserves, redemption rights, and licensing requirements.
Despite the excitement surrounding what President Donald Trump has dubbed “Crypto Week,” experts caution against premature celebrations in the cryptocurrency space. The House of Representatives recently passed three significant bills aimed at regulating digital assets, marking a pivotal moment for the industry. However, these legislative changes are not expected to take effect for quite some time. Three Key Crypto Bills Passed The three bills—the Genius Act, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act—are seen as crucial steps toward establishing a regulatory framework for cryptocurrencies. This development has been fueled by intense lobbying efforts from industry players like Coinbase Global, which have successfully influenced politicians, including Trump. Related Reading: Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible In anticipation of this legislative week, Bitcoin prices soared to record highs beyond the $123,000 mark for the first time, alongside significant gains for other cryptocurrencies like Ethereum (ETH) and XRP. However, TD Securities analyst Jaret Seiberg notes that it could take over a year for the new legislation to come into effect. Among the passed bills, only the Genius Act has also cleared the Senate, and Trump signed it into law shortly thereafter. This act establishes a framework for regulating payment stablecoins requiring issuers to maintain one-to-one reserves in US dollars or Treasury securities. Treasury Secretary Scott Bessent has argued that this law could generate an additional $3.7 trillion demand for T-bills, although some analysts, like Raymond James’ Ed Mills, express skepticism about such projections. Implementation Timeline Remains Uncertain Despite the signing of the Genius Act, there will be no immediate impacts on stablecoin issuers such as Circle Internet Group or Tether. As reported by ABC news, the Treasury Department is expected to draft rules within a year detailing the qualifications for issuing stablecoins and the conditions under which foreign-pegged stablecoins can enter the US market. This process will involve public commentary and could lead to litigation, suggesting a lengthy timeline before any real changes are felt in the industry. Related Reading: Warning Signs Flash As Bitcoin Miners Unload At Record Pace The Digital Asset Market Clarity Act, on the other hand, is particularly important as it delineates the regulatory oversight of crypto exchanges, brokers, and tokens between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). With bipartisan support in the House, there is optimism that the Senate will pass its version before the upcoming August recess, potentially delivering a unified law for the president’s signature by September. The Anti-CBDC Surveillance State Act, the third piece of legislation, aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC). This bill, which passed with narrower margins, was attached to a national defense bill, and its future in the Senate will likely involve protracted negotiations, possibly extending until December. Featured image from DALL-E, chart from TradingView.com
A bill moving through Congress could reshape how big companies sell their shares. Senator Elizabeth Warren of Massachusetts warned that the CLARITY Act might let firms dodge long‑standing rules. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Based on reports, the measure would shift certain tokens onto a “mature” blockchain and hand oversight to the CFTC instead of the SEC. Warren Warns Of A Regulatory Loophole According to Warren, the bill’s text would let any company listed on the NYSE put its stock on a qualifying blockchain. At that point, companies could escape SEC registration. She said that could “blow up the value of the NYSE” by cutting out investor protections. Under the draft, token sales using a functional chain still count as fundraising, but tokenized shares may slip free of SEC checks. She wants to limit US companies (Amazon, Meta, GE) to protect the “US economy” / NYSE? Not against NYSE, but it’s just one company, fully owned by ICE, market cap: ~$100 billion. Amazon market cap: $2.40 trillion. NYSE ≠ economy. All companies = economy. https://t.co/6Xo6QVgL1p — CZ ???? BNB (@cz_binance) July 17, 2025 Companies could raise money without filing the same forms. They would not need to share audited reports or follow proxy rules. Retail investors might face hidden risks if their favorite blue‑chip stock suddenly shifts on‑chain. Crypto Week Sees Multiple Bills This week in Washington is packed. The House Agriculture Committee and the House Financial Services Committee both cleared the CLARITY Act. It now heads toward the Senate, where approval is not guaranteed. (Update – On Wednesday, the GOP-led US House navigated crucial procedural checkpoints for crypto reform, just a day after President Donald Trump stepped in to keep the effort alive—clearing the path for America’s inaugural federal digital-asset statute. Those approvals came on the heels of more than nine hours of behind‑closed‑doors negotiations, as party leaders courted skeptics uneasy about the bill’s design.) US President Donald Trump said he expects these bills to land on his desk after Senate votes. Representative Andy Harris noted that the House Freedom Caucus plans to meet soon to add CBDC language into the CLARITY draft. Large parts of the market are watching closely. Token classification under one agency or another could shift billions in trading volume overnight. Related Reading: Massive Whale Profits $15 Million—Now Betting Big On Ethereum To Crash Industry Voices Split On Regulation Ripple CEO Brad Garlinghouse pointed out that over 55 million US citizens now use crypto. He cited a $3.4 trillion market cap and urged a clear framework to secure the industry’s future. On the other side, Americans for Financial Reform warned that the bill would curb the SEC’s powers to guard retail investors. They said it is more deregulatory than FIT21 from 2024, raising risks of scams and theft. SEC Commissioner Hester Peirce has said token rules should not remove securities‑law coverage where it belongs. Representatives Maxine Waters and Angie Craig also voiced concerns that the legislation favors big crypto players over everyday investors. Featured image from Meta, chart from TradingView
Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” Related Reading: SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent? US House Passes Motion To Reconsider On Wednesday, the US House of Representatives voted on a motion to reconsider three major crypto legislations that failed to pass their procedural vote on Tuesday. As reported by NewsBTC, Congress’s lower chamber blocked the motion in a 196-223 vote, with 13 Republicans siding with the Democrats. Following the failed vote, Lawmakers had reportedly planned to hold a vote to reconsider the motion for later in the day, but it was ultimately scheduled for Wednesday morning. On Tuesday night, US President Donald Trump personally met with 11 of the 12 Republican representatives needed to pass the bills, securing their support. The lawmakers met for the second time this week to decide the fate of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the Digital Asset Market Clarity (CLARITY) Act of 2025, and the anti-CBDC (Central Bank Digital Currency) bill. The motion to reconsider the trio of bills cleared the House in a 215-211 vote, with all Republican representatives voting in favor this time. Now, the US House prepares to hold a new procedural vote later today and decide whether to send the three landmark bills to a final vote. Representative Andy Harris shared on X that “House Freedom Caucus Members will be voting in favor of the rule today after reaching an agreement with President Trump last night.” Under the agreement, the House Committee on Rules will meet today to include “clear, strong, anti–Central Bank Digital Currency (CBDC) provisions to the CLARITY legislation” to ensure Americans are “protected from government overreach into their financial privacy.” Crypto Legislation Faces New Challenges Despite the crucial approval of a motion to reconsider, the bills now face a new roadblock. Politico reporter Meredith Lee Hill revealed that “there’s another crypto mess unfolding on the House floor.” In a series of X posts, the journalist affirmed that the potential merger of two of the three crypto legislations could pose a problem for the upcoming vote. Seemingly, the House Grand Old Party (GOP) leaders are trying to combine the House’s market structure and anti-CBDC bills after passing the floor. However, Republicans from the House Financial Services Committee are hesitating at that plan, as it “will doom Clarity.” House Agriculture Committee Republican representatives also consider that combining the two bills could kill the CLARITY Act, arguing that “even the threat of doing this emergency rules meeting may have already done so.” Journalist Eleanor Terret added that combining the bills could make CLARITY harder to pass because “they risk losing Dem votes over the anti-CBDC language.” A GOP Senate staffer reportedly told Terret that they are “just hoping the House can move something, anything, so crypto legislation can survive to the next step. We have options to move forward, but no one wants another failed vote that kills momentum.” Related Reading: Top Crypto Exchanges Made $172 Million From TRUMP Memecoin Listing – Report Meanwhile, the GENIUS Act would remain a standalone bill, despite previous attempts to merge it with the market structure bill. Since it already passed the Senate, the bill only needs to pass the final House vote to head to President Trump’s desk. Despite the legislative uncertainty, the crypto market continues to recover from yesterday’s drop, with Bitcoin (BTC) holding the $119,000 area as support. Featured Image from Unsplash.com, Chart from TradingView.com
The U.S. House of Representatives has designated the week starting July 14 as “Crypto Week,” as lawmakers consider three landmark bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, in a comprehensive push to establish the United States as a global leader in digital assets. Prominent crypto trader and influencer […]
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President Donald Trump, who has interests in the stablecoin USD1 via his involvement in World Liberty Financial, has called on the US House of Representatives to move quickly on the GENIUS Act, a new bill aimed at regulating stablecoins and boosting America’s role in the digital asset economy. In a June 19 post shared on […]
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Senator Elizabeth Warren has voiced fresh concerns about the GENIUS Act, a bill designed to regulate stablecoins in the US financial system, ahead of its final vote scheduled for later today. In a June 16 statement on X, Warren claimed the bill could allow billionaires to launch stablecoins that monitor user activity and gain an […]
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A crypto analyst has predicted that the XRP price could surge to remarkable levels, ranging from $25 to $75, in June. According to the expert, a combination of key bullish factors is expected to drive this significant price rally, potentially marking new all-time highs for the altcoin. In a rather lengthy post on X (formerly Twitter), a crypto analyst known as ‘The Real Redmi Relief’ outlined a series of critical events scheduled for June and July 2025 that will serve as powerful catalysts for driving the XRP price to unprecedented levels between the $25 – $75 range. Catalyst Events Fueling XRP Price Next Surge Firstly, Elon Musk, CEO of SpaceX and Tesla, is expected to roll out X payments, making XRP more useful in real-world terms and driving global adoption—especially if it is included as a digital currency option within the platform. Alongside this, the analyst views the introduction of the “Genius Act” in June as a game-changing regulatory development. This newly proposed bill could bring well-needed clarity for and possibly ease restrictions surrounding digital assets, potentially eliminating adoption barriers for XRP. Related Reading: $10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth Another catalytic event that could drive the XRP price toward the analyst’s bullish target is the ongoing US SEC lawsuit, which is expected to reach a critical juncture in June. The resolution or a positive outcome in this case could eliminate years of regulatory uncertainty that previously suppressed XRP’s growth. Looking ahead from June to August, the anticipated approval and launch of XRP Exchange Traded Funds (ETFs) is another key driver. These ETFs would require fund managers to hold large quantities of XRP, creating substantial institutional demand. Given the relatively limited XRP supply available on exchanges, the market expert expects this increased demand to trigger a possible supply squeeze that would intensify upward price pressure. The final catalyst event that would push the altcoin toward $25 – $75 is the ISO 20022 messaging standard. The Real Redmi Relief has revealed that this electronic data exchange framework is set to be implemented in July, potentially pushing XRP more deeply into global payment infrastructures. Market Dynamics And Sentiment To Boost The Altcoin Outlook Beyond upcoming bullish events that could drive XRP’s price higher, the analyst offers a broader perspective on the cryptocurrency’s market dynamics and investor sentiment, which could also contribute to its projected rally. The analyst emphasized that the “delay game,” which previously stalled progress on key developments, including ISO 20022, XRP ETF approval, and SEC regulatory clarity, is now effectively over. Related Reading: XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025 With multiple positive triggers converging around the same time frame, market participants could experience heightened FOMO, especially among institutional investors eager to capitalize on the potential upside. Notably, the analyst warns of possible manipulation practices on exchanges during this expected bullish run. He cautioned that some XRP might be sold off behind the scenes, resulting in withdrawal delays and various account issues. These tactics, as he claims, are part of a recurring pattern seen during past crypto market rallies, where large players accumulate assets at the expense of retail investors. Featured image from Getty Images, chart from Tradingview.com