Crypto, The House
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The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) to establish stablecoin regulations has already passed the Senate. The Digital Asset Market Clarity Act (CLARITY Act), expected to have at least some bipartisan support, would have placed new federal guardrails on cryptocurrency.
What does Crypto Week in Congress have to do with the Jeffrey Epstein scandal? More than you might think, according to D.C. policy leaders.
The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump said late Tuesday he has made a deal with Republican members of Congress to advance the legislation on Wednesday.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.