Even as crypto sentiment remains weak, JPMorgan analysts see the possible mid-year approval of U.S. market structure legislation as a positive catalyst.
"This would ensure Democrats could immediately control those agencies if they win the 2028 presidential election," TD said.
SEC Chair Paul Atkins faced questions from lawmakers about the agency’s steep decline in digital asset enforcement.
The U.S. agency's chairman said in a House hearing that he's open to a confidential briefing for lawmakers on the topic.
Treasury Secretary Scott Bessent came under intense scrutiny from lawmakers during a contentious House hearing Wednesday.
The Avalanche Policy Coalition unveiled a new advisory council, led by Ava Labs General Counsel Lee Schneider.
And the more significant challenge is securing enough Democratic support in the Senate for the crypto legislation, TD Cowen added.
The White House plans to convene a meeting next week with senior leaders from the banking and cryptocurrency sectors, Reuters reported.
The American Innovation Project is launching a new fellowship program for recent college graduates to work alongside lawmakers.
Three House Democrats are urging the SEC to explain its crypto enforcement retreat and the pause in the Justin Sun case.
Galaxy Research says illicit finance provisions in the Senate Banking draft go far beyond the House’s Clarity Act.
The firm said Democratic demands for conflict-of-interest restrictions affecting senior officials could complicate passage this year.
The next year will be pivotal for cryptocurrency legislation, with the big question being whether an all-encompassing bill can get passed.
After passing a major stablecoin bill into law, Congress is racing to write the rules, with one lawmaker urging them to move quickly.
House Republicans criticized what they described as the Biden administration’s "coordinated attack" on digital assets.
French Hill, the chairman of the House Financial Services Committee, issued a report outlining what went on at several U.S. crypto regulators in past years.
The crypto sector be thrown back into the throes of a hostile regulatory environment, Ripple CEO Brad Garlinghouse said Wednesday.
The SEC has plans to put an "innovation exemption" in place by the end of the year, allowing crypto products to launch quickly.
Strategy co-founder Michael Saylor and other cryptocurrency advocates will be in Washington D.C. to push forward a strategic bitcoin reserve.
Treasury asked for public input on what approach financial institutions should take to combat illicit activity involving cryptocurrencies.
Following days of upheaval in Washington, pro-crypto lawmakers on both sides of the aisle say they have the votes to pass key legislation.
This week, the House is set to consider the GENIUS and Clarity bills in what's being called the 'Crypto Week.'
Legislators will consider the GENIUS stablecoin bill, larger crypto market structure Clarity bill, and another focused on blocking CBDCs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The market structure bill got an overhaul in two House committees at the same time while the Senate's stablecoin bill is steaming toward a finish.
In a monumental move, House committee lawmakers advanced landmark legislation to regulate cryptocurrencies at large on Tuesday.
Lawmakers have included a measure aimed at protecting software developers in the latest version of a digital asset market structure bill.
Maxine Waters, the top Democrat on the House Financial Services Committee, pressured an additional hearing on the crypto market structure bill.
A group of cryptocurrency advocacy groups urged lawmakers to include legislation to protect software developers in to a larger bill.
Two House of Representatives hearings dug into the details of the current legislation to regulate U.S. crypto markets, but Trump loomed over the discussions.