How Crypto Legislation Is Advancing

The House Financial Services Committee might mark up market structure legislation next week, while the Senate seems close to passing its stablecoin bill.

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The narrative

Here’s what’s clear: There are bills and they will probably get votes next week. Here’s what’s unclear: What all lawmakers might need to get enough votes to actually advance these bills, and if they’re there already or not.

Why it matters

The crypto industry has waited for years for Congress to pass legislation giving it some sort of regulatory clarity. Congress has taken a number of key steps this year already, but…

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