The bill brings Congress a step closer to firmly defining how the CFTC and SEC can oversee crypto.
Several top crypto executives met with senators to hash out next steps on moving forward with the bill that would regulate U.S. crypto markets.
The closure of the federal government isn't yet making a significant dent in the digital assets sector's interactions, but it's doing damage to long-term goals.
GOP lawmakers are scheduling a followup meeting with crypto CEOs after they meet this week with Senate Democrats on the market structure bill, sources say.
Some of the top digital assets execs are heading to a meeting this week with U.S. Senate Democrats to see about getting the market structure bill moving.
Language said to be a Democratic proposal on handling decentralized finance in the crypto market structure effort is drawing heavy criticism.
Stand With Crypto encouraged the messaging from its massive online list of advocates, asking the lawmakers to leave the GENIUS Act alone.
A top Coinbase tax executive suggested the IRS isn't ready for the flood of tax reporting about to come in, even as many crypto rules still need to be written.
Senator Elizabeth Warren and others say they're probing whether Sacks has improperly outstayed his "special government employee" status.
The House bill to regulate U.S. crypto was a big win for the industry, but it's the current Senate effort that's likely to be the one that rules the sector.
Hill and Senator Cynthia Lummis agree the earlier stablecoin effort should be edited by the pending market structure bill.
Lobbyists and firms such as Coinbase, Kraken and Ripple told key senators the sector can't support a market structure bill without software developer protection.
The lawmaker's objections over crypto abuses are seen as a major hurdle needing to be cleared before the Senate's crypto market structure bill can move.
As U.S. President Donald Trump's chairman nominee, Brian Quintenz, remains in a confirmation holding pattern, the CFTC starts another "crypto sprint."
The industry is now openly urging the confirmation process that was delayed by the White House for the CFTC leadership that will be key to digital assets regulation.
U.S. Senator Cynthia Lummis introduced another crypto bill, this one meant to reinforce an effort underway to allow use of digital assets in mortgage underwriting.
Brian Quintenz, Trump's CFTC nominee, has been delayed twice in the vote at the committee that would send his confirmation to the Senate floor.
As prominent U.S. crypto insiders and Republicans in Congress push for industry unity on the House's Clarity Act, senators prepare to go their own way.
Jonathan Gould, a former top official at the agency and ex-chief legal officer for Bitfury, is set to run the OCC as Trump's pro-crypto policies rise into place.
Heading into next week's "Crypto Week" on Capitol Hill, the House of Representatives is lining up a few votes as it puts its major focus on the Stability Act.
Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.
Senator Cynthia Lummis said her realistic goal for the crypto bills is the close of 2025, despite President Donald Trump's wish to sign legislation in August.
As the Senate shifts from stablecoins to market structure, Trump's digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.
The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.
Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how Tether may respond.
The U.S. Congress is in the thick of its crypto efforts this week, with the Senate starting on final votes to approve its first-ever crypto bill.
Top industry advocacy groups requested that the Senate stick to the task at hand as it mulls its stablecoin bill while unrelated amendments loom.
Though the U.S. stablecoin bill is widely expected to clear its biggest hurdle soon, Trump's crypto interests will be targeted with an attempted amendment.
Last-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens.
Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.