Trump’s ‘Very Soon’ Crypto Bill Meets Congressional Gridlock
Trump’s promise of a crypto bill faces Congressional gridlock due to disagreements over stablecoin yields, highlighting the challenges in regulating the digital asset space.
Trump’s promise of a crypto bill faces Congressional gridlock due to disagreements over stablecoin yields, highlighting the challenges in regulating the digital asset space.
The crypto industry’s push for a Market Structure Bill is facing significant hurdles in Congress, and the likelihood of its passage next year is decreasing. The bill’s importance for the industry’s growth and regulation cannot be overstated, and alternative solutions and strategies are being explored.
The Clarity Act, a bill aimed at creating a clear regulatory framework for digital assets, is set to take center stage in Congress next month.
Hundreds of crypto firms push back against US bank lobbying to prohibit stablecoin yields, warning of regulatory uncertainty.
A coalition of 125 crypto and fintech organizations warns Congress about the potential consequences of expanding the GENIUS Act’s stablecoin yield prohibition, arguing it would favor big banks and harm consumers.
Rep. Keith Self’s amendment to block a US CBDC signals rising concerns over government control and digital currency implications.