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Trump family's crypto ventures — including a planned stablecoin launch — could stall crypto regulatory advancements, according to TD Cowen.

#policy #house financial services committee #crypto legislation #u.s. congress #french hill

Panel Democrats were stymied by witnesses declining to talk about potential conflicts of interest from President Donald Trump's crypto businesses.

#policy #sec #congress #regulation #legal #2024 elections #house financial services committee #u.s. policymaking

Lawmakers are escalating their efforts to draft legislation to regulate crypto, while some raised concerns of moves to cut crypto enforcement.

#policy #sec #congress #regulation #stablecoins #legal #senate banking committee #2024 elections #house financial services committee #crypto ecosystems #u.s. policymaking

A commissioner's disapproval of the SEC's statement that stablecoins are not securities could pose a challenge to bills, TD Cowen said.

#policy #sec #regulation #exclusive #legal #2024 elections #house financial services committee #feature #u.s. policymaking

Ex-football player Bo Hines is in his new era — crypto — and is entering into his third month as a top crypto lead in the White House. 

#ethereum #markets #bitcoin #defi #policy #people #solana #congress #regulation #tech #stablecoins #web3 #dexs #tokens #senate banking committee #protocols #donald trump #fintech #memecoins #house financial services committee #equities #macro #token projects #mining companies #crypto infrastructure #companies #crypto ecosystems #layer 1s #u.s. policymaking #finance firms #tradfi banks #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#markets #federal reserve #policy #tether #congress #usdc #regulation #stablecoins #payments #legal #tokens #senate banking committee #house financial services committee #token projects #usdp #companies #crypto ecosystems #u.s. policymaking #finance firms #investment firms #tradfi banks

TD Cowen says hurdles "can still be overcome given how many Democrats are supportive of the need to enact a stablecoin bill."

#policy #cbdcs #regulation #central banks #house financial services committee #u.s. policymaking

The bill reflects concern that CBDCs potentially infringe on individual privacy by monitoring transactions.

#policy #stablecoins #house of representatives #house financial services committee #breaking news #top stories

Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

#policy #tether #congress #regulation #stablecoins #legal #senate banking committee #2024 elections #house financial services committee #crypto ecosystems #u.s. policymaking

The House Financial Services Committee voted to advance a monumental bill to regulate stablecoins on Wednesday.

#policy #congress #regulation #lobbying #legal #2024 elections #house financial services committee #u.s. policymaking

Kristin Smith, the CEO of one of the biggest advocacy groups in Washington, is leaving for the newly created Solana Policy Institute.

#policy #congress #regulation #legal #senate banking committee #2024 elections #house financial services committee #u.s. policymaking

U.S. lawmakers are barreling toward passing crypto legislation but are hitting a few snags along the way, including from Trump.

#policy #sec #cftc #congress #regulation #lobbying #legal #senate banking committee #2024 elections #house financial services committee #u.s. policymaking

Long time crypto advocate Miller Whitehouse-Levine is taking on his next endeavour in Washington in launching the Solana Policy Institute.

#policy #sec #regulation #legal #2024 elections #the block #house financial services committee #u.s. policymaking

Rep. Emmer has reintroduced a bill that could be a "precursor" for market structure legislation that lawmakers are hoping to get passed.

#policy #stablecoin bill #house financial services committee

Rep. Bryan Steil told the DC Blockchain Summit that the House's stablecoin bill is seeking to "close the gap" with the Senate's that already moved through committee.

#policy #sec #regulation #stablecoins #legal #senate banking committee #2024 elections #house financial services committee #crypto ecosystems #u.s. policymaking

U.S. lawmakers are gaining ground on bills to regulate crypto, with votes set to happen for stablecoin legislation soon.

#policy #congress #regulation #stablecoins #legal #senate banking committee #house financial services committee #crypto ecosystems #u.s. policymaking

Movement on legislation to regulate stablecoins is underway this week as lawmakers in the House debated necessary provisions in the bill.

#policy #regulation #stablecoins #house financial services committee #stablecoin legislation

In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY Mellon and a Wall Street super-lawyer further show a tradfi arrival.

#policy #regulation #stablecoins #chainlink labs #galaxy digital #house financial services committee #u.s. treasury department #crypto legislation

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.

#policy #congress #regulation #legal #senate banking committee #house financial services committee #u.s. policymaking

Lawmakers are starting to get cracking on crypto legislation with hopes that bills can soon get signed by Trump by the end of the year.

#policy #regulation #legal #house financial services committee #companies #u.s. policymaking #finance firms

Forme Rep. Patrick McHenry, who was instrumental in advancing crypto bills, is joining Silicon Valley-based venture capital firm a16z. 

#policy #tether #people #congress #usdc #regulation #tech #stablecoins #treasury department #donald trump #maxine waters #house financial services committee #feature #crypto infrastructure #companies #crypto ecosystems #u.s. policymaking #finance firms

The bosses of Circle and Tether both set out their views on U.S. regulation in what some in the crypto community call a "stablecoin war."

#policy #donald trump #house financial services committee #crypto legislation #u.s. congress

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.

#policy #sec #cftc #regulation #stablecoins #legal #2024 elections #the block #house financial services committee #stablecoin legislation #crypto ecosystems #u.s. policymaking #french-hill

U.S. lawmakers are taking different approaches to regulating stablecoins and crypto — revealing political divides.

#policy #stablecoins #legal #house financial services committee #stablecoin legislation #crypto ecosystems #u.s. policymaking

Top Democrat Rep. Waters released a discussion draft on Monday to regulate stablecoins, according to a copy obtained by Punchbowl News. 

#policy #sec #congress #regulation #stablecoins #legal #senate banking committee #stablecoin bill #2024 elections #house financial services committee #crypto ecosystems #u.s. policymaking #french-hill #bryan steil

House Financial Services Committee Republican Chair French Hill released draft legislation to regulate stablecoins.

#federal reserve #policy #coinbase #house of representatives #house financial services committee #federal deposit insurance corporation

The industry's U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.

#policy #congress #regulation #legal #fdic #house financial services committee #paul grewal #operation chokepoint 2.0 #u.s. policymaking #crypto debanking

U.S. lawmakers were divided during a congressional hearing focused on crypto debanking, revealing scars from FTX and concerns over why the industry was cut off from the bank sector.

#policy #senate banking committee #house financial services committee #crypto legislation #u.s. congress

David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.

#policy #sec #congress #regulation #stablecoins #legal #senate banking committee #house financial services committee #house agriculture committee #tim scott #crypto ecosystems #u.s. policymaking #french-hill #hester-peirce

Work is already underway to regulate stablecoins, with Sen. Bill Hagerty introducing a bill on Tuesday to create a regulatory framework.