Congress News

Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say.

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.”

The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions.

Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.

Several Democratic lawmakers have said they will oppose passing crypto regulations unless potential conflicts of interest are resolved.

After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure.

Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year.

The digital assets subcommittee in the Senate will hold a Tuesday hearing to discuss a bipartisan effort to establish a crypto market structure.

Senator Lummis’ RISE Act may be a good start, but does it ask too much of doctors, lawyers and engineers — while shielding AI developers?

Bitcoin hater Brad Sherman accused US President Donald Trump of accepting a $300 million bribe from TikTok, but TikTok denied it has anything to do with it.

The US Senate voted to pass the GENIUS Act, a bill regulating stablecoins, but observers believe lawmakers may have ignored stability concerns in Treasury markets.

The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.

After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.

Though concerns about the Trump family’s connections to World Liberty Financial’s stablecoin shadowed debate on the GENIUS Act, the bill is closer to passing the Senate.

Weeks after a stablecoin bill stalled over Trump-linked concerns, the Senate advanced the GENIUS Act.