Congress Launches Crypto Week—Stablecoin & Oversight Bills Advanc
We’re skipping our usual Bi-Weekly BitBlog update this week to spotlight what’s being called ‘Crypto Week’ in Congress — which could mark the first real chance for dedicated federal crypto legislation to actually become law in the United States. The U.S. House of Representatives is dedicating floor time and hearings this week to advance two major bills that, if passed, would represent the first — and possibly second — pieces of comprehensive crypto legislation ever enacted in the U.S. Lawmakers are expected to vote on the Clarity for Payment Stablecoins Act, which would establish federal rules for issuing and regulating stablecoins — and could realistically pass the House this week, with the potential to be signed by the…
