Senator Mark Warner, a leading Democratic negotiator on the market structure bill, said he wants it to pass, and SEC chief Paul Atkins said durable policy actually requires it.
Stablecoin rewards programs were the primary business of a work session at the White House between crypto executives and banking representatives.
The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.
Treasury Secretary Bessent said market participants who don't want strong regulation should "move to El Salvador."
Patrick Witt, the president's digital assets adviser, told CoinDesk that anti-corruption provisions targeting Trump would not be acceptable.
Industry insiders met with David Sacks and others in President Donald Trump's administration to try to hash out the impasse over the Senate's crypto bill.
Washington is edging closer to a landmark crypto framework, though disputes over DeFi and stablecoin rewards risk pushing final passage beyond 2026.
The market structure legislation for the first time advanced beyond a committee, setting up the next steps that could end with a vote of the overall chamber.
The Senate Agriculture Committee is holding a markup hearing on crypto market structure legislation.
The bank argued that legislative momentum remains strong as industry heavyweights prioritize long-term regulatory certainty over unpredictable enforcement.
The asset manager argued that without federal legislation, the industry has three years to become indispensable before political winds potentially shift.
White House crypto advisor Patrick Witt said stablecoins are the “gateway drug” for global finance and that Washington is racing to deliver regulatory clarity.
The delay of market structure legislation highlights a growing threat to domestic lenders as digital dollars begin to cannibalize traditional bank deposits.
Infrastructure gains and regulatory momentum are accelerating tokenization. A market structure bill is the missing link for the next phase of digital asset adoption.
The Senate Agriculture Committee pushed its planned markup hearing, where lawmakers would debate and vote on its market structure bill, to Thursday morning.
Failure to pass market structure legislation this year wouldn’t derail U.S. crypto, but it would prolong regulatory ambiguity, favoring bitcoin and infrastructure.
For those who don't have the compass and the time to track Congress through its arcane procedures, here's what's likely to affect you if a bill passes. Or doesn't.
We have a new draft and fresh questions.
The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.
The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.
The industry's great legislative hope is shifting to the U.S. Senate's Agriculture Committee, which released its own draft of the contentious oversight effort.
The U.S. Senate Agriculture Committee's next draft is expected to shield developers from liability, insiders have been advised, but it may without Democrat backing.
Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.
The crypto market structure bill isn't dead, but it took a blow.
Legislative language which would grant some legal protections to crypto software developers, falls under the Senate Judiciary Committee, its leaders said.
The Democratic contingent in negotiations over U.S. crypto market structure got back into the talks over the bill, though they sought to keep details private.
It would be a mistake to see the incoming wave of aggressive APYs as the new baseline, according to Ron Tarter, CEO of MNEE. This is merely the promotional phase of stablecoins.
Armstrong told CNBC that his firm pulled support for a sweeping digital assets bill after finding provisions that could have harmed consumers and stifled competition.
A call is being planned to discuss the state of the legislation that's now been postponed in the Senate Banking Committee, sources say.
The digital assets crowd has been complaining bitterly about bank-lobbyist tactics, but Senate lawmakers have a much longer relationship with their bankers.