As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation.
Legislation News
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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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Europe's largest asset manager says the US GENIUS Act could unintentionally weaken the greenback and disrupt global payments.
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Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.
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The commission evaluated more than 10 blockchains, including Ethereum, Avalanche, Sui, Stellar and Polygon.
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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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Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported.
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The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report.
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The GENIUS Act would legitimize stablecoins for institutional adoption and set a precedent for other global jurisdictions, according to the managing partner of DWF Labs.
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Tether’s US Treasury holdings and gold reserves helped the stablecoin issuer absorb the downside volatility of the cryptocurrency market during the first quarter of 2025.
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Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry.
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Senate Banking Committee Chairman Tim Scott blamed the failure of the GENIUS Act on Democrat-led partisan politics.
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Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration.”
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US stock markets see a shaky recovery in April, while Bitcoin’s price is up 16%. Meanwhile, Ethereum captures 60% of tokenized RWA value.
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The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions.
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