Democrats are reportedly planning to walk out of a joint congressional hearing scheduled for Tuesday focused on cryptocurrency legislation.
House Republicans unveiled a discussion draft of a bill to regulate the digital asset industry, expanding on work done over the years.
Key lawmakers are set to release a discussion draft in the coming days that would lay out a momentous regulatory framework for digital assets.
Work is already underway to regulate stablecoins, with Sen. Bill Hagerty introducing a bill on Tuesday to create a regulatory framework.
Coinbase has strengthened its Global Advisory Council with four political and financial heavyweights, signaling a deeper push into policymaking.
The CFTC Chair was testifying on the regulator's 2025 budget request.