Senate Banking Chair Tim Scott says the committee could mark up a crypto market structure bill in December, sending it to President Donald Trump for early 2026.
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The Senate passed a bill on Monday to end the record US government shutdown, while Bitcoin has been trending on social media as it surged 6.7% past $106,000.
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The Senate Agriculture Committee has released a draft bill outlining the proposed regulatory jurisdiction of the country’s two main financial market regulators.
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Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”
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Traditional banks will be battling with stablecoin issuers for retail depositors when the stablecoin-focused GENIUS Act takes full effect in a win for everyday people.
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Coinbase CEO Brian Armstrong said he has never been more bullish about the Digital Asset Market Clarity Act being passed after his time in Washington, DC this week.
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Strategy’s Michael Saylor and BitMine’s Tom Lee are among 18 industry leaders who will look at ways to pass the BITCOIN Act and enable budget-neutral ways to buy Bitcoin.
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Binance and Tether are eyeing Korea’s stablecoin rules that may boost coins pegged to the South Korean won or strengthen USD dominance.
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Tokenization could solve Latin America’s capital market inefficiencies, boosting liquidity and unlocking new investment opportunities, according to Bitfinex Securities.
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DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter.
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Crypto industry hails GENIUS Act as a win, while Senator Elizabeth Warren criticizes it for consumer protection gaps.
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US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they’ve dubbed “Crypto Week.”
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The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House.
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US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.
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The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
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