The Senate Banking Committee is backing Donald Trump’s move to bar institutions from buying family homes, which could delay the market structure bill, Bloomberg reports.
Legislation News
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The submissions add to mounting pressure on regulators as Coinbase CEO Brian Armstrong calls for compromise to pass market structure legislation.
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As Republicans look to notch policy wins ahead of the midterms, Trump advisor Patrick Witt says the market structure bill must include compromises to advance in the Senate.
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The Republican and Democratic Senate Judiciary leaders have called for changes to the market structure bill, arguing it would “weaken” the ability to police money transmitters.
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A top Russian lawmaker says crypto “will be a common occurrence” in the country, with plans for a bill to deregulate the market for retail use.
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Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance.
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Senate Agriculture Committee Chairman John Boozman says he’s delayed work on a crypto market structure bill to have more time to secure bipartisan support.
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New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others.
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Harriet Hageman’s “Soon” teaser on X sharpens talk of a 2026 Senate bid to replace crypto ally Cynthia Lummis, raising the stakes for Wyoming’s pro‑crypto brand.
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Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets should fall under federal commodities law, not state gambling rules.
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Cross‑party MPs and members of the House of Lords have urged UK Chancellor Rachel Reeves to rein in the Bank of England’s proposed regime for systemic stablecoins.
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The UK’s financial watchdog has put British pound‑pegged stablecoin payments on its 2026 growth agenda, as London scrambles to keep its edge in digital finance.
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A Washington think tank and prominent Bitcoiners say jailing the Samourai Wallet developers for an “unlicensed money transmitter” conspiracy criminalizes non-custodial code.
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New York City Mayor Eric Adams is officially out of the mayoral race, plunging the city’s pro-crypto push into limbo.
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While some legal experts see France’s threat as legally feasible, others argue that it’s only a warning for crypto firms looking for licensing loopholes in the EU.
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