Senate News

Senator Lummis’ RISE Act may be a good start, but does it ask too much of doctors, lawyers and engineers — while shielding AI developers?

The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy.

The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.

Though concerns about the Trump family’s connections to World Liberty Financial’s stablecoin shadowed debate on the GENIUS Act, the bill is closer to passing the Senate.

Lawmakers asked Mark Zuckerberg whether Meta had had any influence on the GENIUS stablecoin bill and its plans to potentially issue its own digital currency.

Senators questioned Brian Quintenz on prediction markets, his experiences dealing with debanking, and how he would potentially handle an entirely Republican-staffed CFTC.

The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.

A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.

Wyoming Senator Cynthia Lummis was one of the few voices in Congress tying Michelle Bowman’s confirmation to a win for cryptocurrency policies.

Roughly four months since his nomination and amid announced departures at the CFTC, Brian Quintenz’s nomination to head the financial regulator is moving forward.

The GENIUS Act could soon be up for Senate debate and crypto lobbyists urged senators to quickly pass the bill as amendments on credit card fees threaten to delay the bill.

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.

The Trump administration is working on bills related to stablecoins, market structure and the Bitcoin Strategic Reserve “in that order.”

As the US Senate advances the GENIUS Act and lawmakers reintroduce the Blockchain Regulatory Certainty Act, Washington is finally stepping up to the plate on crypto.

An increase in leverage use and favorable regulatory changes could trigger an XRP rally to $3.50 and above.