Congress News

The bill would require the central bank to buy 2,000 Bitcoin annually over five years and hold the assets for at least two decades.

The House slipped a provision banning the Federal Reserve from issuing a digital currency into an almost 1,300-page bill on defense policy.

The Wyoming lawmaker is one of the Republicans taking the lead to pass market structure in the US Senate.

The CLARITY Act awaits Senate consideration in September, with Senator Tim Scott saying he expects 12 to 18 Democrats to back the market structure bill.

US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system.

The US Senate is not scheduled to be in session until Sept. 2, but Senator Elizabeth Warren offered a preview for how she may address the CLARITY Act.

US Representative Dina Titus asked the CFTC to investigate Brian Quintenz, US President Donald Trump’s pick to run the agency, over his ties to Kalshi.

If passed, the legislation could give more weight to a US housing regulatory agency’s June order to consider certain digital assets for mortgage loan risk assessments.

Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding.

The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking.

Following the passage of key digital asset bills, Senator Lummis says “help is on the way” for crypto innovation in the US and urges developers not to lose faith.

Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House.

Crypto Week in the US ends with some victories for the crypto lobby, with the GENIUS Act headed to Trump’s desk.

The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole US regulator commissioner by the end of 2025.

The three bills on Republicans’ crypto agenda passed with bipartisan support despite continued pushback from Democrats over claims of corruption and conflicts of interest.