Hints of progress: State of Crypto
Despite the rocky start crypto policymaking got off to this year, at the moment it does look like U.S. policymakers are making progress on the legislative and regulatory fronts. The White House is kicking off new discussions on stablecoin yield with representatives of the banking and crypto industries.
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The narrative
The Senate Agriculture Committee voted to advance market structure legislation, the White House is directly involved in resolving yield issues and the SEC and CFTC are back to trying to get crypto rulemaking going. What we don’t know yet is how quickly these discussions…
