In the Senate, a stablecoin bill has garnered significant support, with 50% of Senators backing the legislation. This largely bipartisan effort faced challenges this week, halting its progress. Meanwhile, House Republicans introduced a discussion draft of a market structure bill, but the focus remained on the Senate’s stablecoin legislation. These statistics highlight the current state of cryptocurrency regulation in the U.S. The Senate’s stablecoin bill represents a critical step in the ongoing dialogue between cryptocurrency and government, with half of the Senators showing their support.
𝓐𝓶𝓮𝓵𝓲𝓮
@_Crypto_Barbie
·
Feb 27 BREAKING:
SENATOR CYNTHIA LUMMIS: “WE‘RE ON THE PRECIPICE OF FINALLY CREATING A BIPARTISAN LEGISLATIVE FRAMEWORK FOR BOTH STABLECOINS AND MARKET STRUCTURE!”
STABLECOIN BILL IS ON THE WAY AND ‚RLUSD‘ IS READY! #XRP
Senate Banking and Housing Democrats
@SenateBanking
·
Mar 13 Ranking Member Warren on stablecoin legislation: If we can find compromises on these issues today, I’m prepared to support this bill. If not, I will work to defeat it. Because we are not going to get a second chance to do this right, and we all have to live with the consequences.
Brad Garlinghouse
@bgarlinghouse
·
Mar 13 Stablecoin policy is on its way – big thanks to
@SenatorHagerty
@SenLummis
@SenGillibrand
and
@SenatorTimScott
for their commitment with the GENIUS Act.
Collin Rugg
@CollinRugg
·
Mar 14 NEW: Senate Banking Committee smacks down Elizabeth Warren, approves the pro-crypto GENIUS Act despite Warren’s hysterics.
The crypto industry is one step closer to having a clear stablecoin regulatory framework after the committee approved the GENIUS Act.
The act, which stands
CryptosRus
@CryptosR_Us
·
Feb 15 More Senators are asking to learn about $BTC
@SenLummis
expects a stablecoin bill to be passed first, “We need to score a win to gain momentum in the digital asset space.”
These important steps lead us closer to a Strategic Bitcoin Reserve.
Wall Street Mav
@WallStreetMav
·
Mar 17 SENATE BANKING COMMITTEE ADVANCES PRO-CRYPTO GENIUS ACT
Elizabeth Warren is throwing a tamtrum, but the pro-crypto GENIUS Act is moving forward and proposing clear stablecoin regulations.
The bill ensures stablecoins can be widely used as a payment option. Senator Bill
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