Mapping Out the Senate Stablecoin Bill’s Next Steps
House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a largely bipartisan effort to advance stablecoin legislation ran up against a wall.
PS: I’ll be in Toronto next week for Consensus. In town? Come say hi.
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The narrative
Stablecoin and market structure bills are the two big things around crypto that Congress is expected to get to President Donald Trump’s desk this year. There was a press conference by crypto and AI czar David Sacks with the chairs of the House and Senate committees. Everyone had this rough…
