IT'S A HUGE WEEK FOR CRYPTO IN D.C. BUT THE INDUSTRY MAY NOT GET EVERYTHING THEY WANT
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✍️ The US House is set to pass two bills that would establish a regulatory framework for digital assets, including a stablecoin bill and a market structure bill, which faces a more difficult path to President Trump's desk.
👉 The House is set to pass two bills: the GENUIS Act and the CLARITY Act 👉 The GENUIS Act sets the rules for stablecoins and has already passed the Senate 👉 The CLARITY Act sets the rules for when an asset is considered a security or a commodity 👉 The path to President Trump's desk is murky, with some lawmakers expressing concerns about conflicts of interest 👉 The crypto industry is lobbying Congress to pass the bills, citing the need for regulatory certainty to encourage investment
-- #ElizabethFrantz #DonaldTrump #RaphaelWarnock #KaraCalvert #TimScott #CynthiaLummis #KirstenGillibrand #SummerMersinger #JensenHuang #VarunMohan #Washington,D.C. #U.S. #technology
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