Crypto bills set to advance this week take industry closer to mainstream
The crypto industry will take a step closer to going mainstream this week as a series of industry-friendly bills progress through Congress, paving the way for digital assets to potentially be further integrated into traditional finance.
The House of Representatives is set to pass a series of crypto-related bills in a week which the Republican majority has dubbed “crypto week.” The most notable is a bill that would establish a regulatory framework for stablecoins and is likely to advance to President Donald Trump’s desk.
That bill – and another the House is considering that would define when a crypto token is a commodity – is a huge win for the crypto industry, which has been pushing for federal legislation for years and poured money into…
