In brief
- Unexpected tensions, particularly between right-wing Republicans and their party’s leadership, nearly derailed the House’s plans to pass multiple crypto bills this week.
- While those plans are now back on track, policy leaders say the mayhem has bloodied crypto’s legislative goals significantly.
- While a stablecoin bill is poised to pass today, the House’s market structure bill has likely been irreperably damaged.
Crypto Week in Congress has turned chaotic. And while a smooth process may have been too much to expect, few could have predicted the legislative event would be nearly derailed—and irreparably damaged, policy leaders say—by a combination of Jeffrey Epstein and a digital “mark of the beast.”
Crypto leaders, House…
Aug 15 2025
