House Gears Up for Crypto Market Structure Vote on Wednesday, Stablecoins Thursday

House Gears Up for Crypto Market Structure Vote on Wednesday, Stablecoins Thursday


The U.S. House of Representatives’ so-called Crypto Week is steaming toward mid-week votes on two foundational pieces of legislation that would push the industry’s status forward significantly in the U.S., including what amounts to a final congressional action on regulating stablecoins.

*]:col-start-1 [&>*]:row-start-1 [&_[data-jw-placement-id]]:w-full [&_.jwplayer]:aspect-video [&_.jwplayer]:!w-auto [&_.jwplayer]:!h-auto [&_.jwplayer]:!z-1″>

STORY CONTINUES BELOW

Trending: BREAKING: Democrat Lawmaker ARRESTED For Drunk Driving & Fleeing Scene of Accident

While that last necessary vote on the stablecoin bill known as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act would send it to President Donald Trump’s desk to be signed into law, it’s the bigger bill — the Digital Asset Market Clarity Act — that is the top concern of the crypto industry.

That legislation to establish a regulatory framework for U.S. crypto activity is

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!