Capitol Hill | Crypto

Crypto legislation has encountered resistance on Capitol Hill as 223 lawmakers, including Freedom Caucus members, blocked a vote over CBDC concerns, stalling the GENIUS and CLARITY acts. The setback follows Donald Trump’s push for Republicans to pass the bills during Crypto Week. The post Crypto Legislation Stalls During High-Stakes Crypto Week Showdown on Capitol Hill appeared first on Cryptonews.

Stablecoin legislation has regained traction on Capitol Hill as Republican Bill Hagerty and Democrat Angela Alsobrooks have driven bipartisan talks on the GENIUS Act. The plan would mandate cash-backed reserves, audited data and federal oversight, with a vote targeted before Memorial Day. The post Stablecoin Bill Gains Steam on Capitol Hill amid Trump-Linked Crypto Firestorm appeared first on Cryptonews.