Momentum is building behind efforts to pass a crypto bill, though observers say it still lacks the Democratic support needed to become law.
As Senate Banking Committee shifts focus to housing concerns, the crypto bill may be delayed to late February or March, the report said.
The U.S. Senate Agriculture Committee has released updated bill text ahead of a hearing next week — and some issues remain.
President Trump says he hopes to sign crypto legislation into law "very soon," as key stakeholders splinter on key aspects of the bill.
Patrick Witt said the US needs to pass the market structure bill promptly under President Trump's crypto-friendly administration.
CFTC Chair Michael Selig announced a new “Future Proof” initiative aimed at modernizing the CFTC’s approach to digital assets.
Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.
Crypto legislation is hitting another snag this week — this time from the top Republican and top Democrat of the Senate Judiciary Committee.
A bill to regulate the cryptocurrency industry could be finalized within the next few weeks, according to Michael Novogratz, CEO of Galaxy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Despite the postponement of a hearing that could have advanced crypto legislation, lawmakers insist the effort is far from dead.
Bank of America CEO Brian Moynihan warned that stablecoin yield rules could shift up to $6 trillion in deposits from banks.
A combination of timing pressures and unresolved policy concerns led Coinbase to withdraw its support for a sweeping cryptocurrency bill.
The Senate Banking Committee has pulled its hearing to amend and vote on sweeping crypto legislation following a tumultuous few days.
Coinbase won't be supporting the Senate Banking Committee's sweeping cryptocurrency legislation, its CEO said.
Lawmakers face a pivotal Senate hearing with over 70 amendments in play, as debates over stablecoin yield and DeFi come down to the wire.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Galaxy Research says illicit finance provisions in the Senate Banking draft go far beyond the House’s Clarity Act.
Lawmakers and the crypto industry are sifting through pages and pages of bill text, with much of the focus being on stablecoin rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A partial draft of the Senate's legislation shows the bill remains blank on stablecoin rewards and has some protections for decentralized finance, but they're weaker than before.
Senators introduced a bill that clarifies that software developers who do not control users' funds are not considered money transmitters.
Bernstein said the window to pass the bill is rapidly narrowing amid a dispute between banks and the crypto industry over stablecoin rewards.
While Senator Cynthia Lummis hints about a circulating Banking Committee draft, the Agriculture Committee says it's still hoping for a bipartisan version.
Senators are sifting through key issues that are proving to be vital in advancing a sweeping crypto bill ahead of next week's votes.
Next week is shaping up to be a consequential one for crypto policy, as two key Senate committees prepare to advance legislation.
Matt Hougan said crypto's early-2026 momentum depends on avoiding major blow-ups, progress on U.S. legislation, and stable equities.
A sweeping bill to regulate the crypto industry in the Senate Banking Committee is moving forward, one way or another, in the new year.
Community bankers are pressing lawmakers to draw clear boundaries for yield-generating stablecoins, arguing it could draw away deposits.
The firm said Democratic demands for conflict-of-interest restrictions affecting senior officials could complicate passage this year.