Moreno part of push to advance major crypto legislation
WASHINGTON, D.C. — President Donald Trump last week signed into law the nation’s first-ever major crypto legislation, marking a distinct change in how the government approaches and regulates cryptocurrencies.
What You Need To Know
- The first-ever major crypto law marks a change in how the government regulates cryptocurrencies
- Sen. Bernie Moreno, R-Ohio, supports another crypto bill advancing to the Senate
- Moreno’s support of the crypto legislation is a stark contrast from his Democrat predecessor, former Sen. Sherrod Brown
The measure, called the GENIUS Act, establishes a regulatory framework for stablecoins, digital assets with a value pegged to the value of the U.S. dollar.
The House also approved another bill, the…
