U.S. House Hearing Marks Progress Toward Crypto Market-Structure Bill
The U.S. House Financial Services Committee checked the next box in moving toward what Representative Bryan Steil referred to as the “second half” of President Donald Trump’s crypto agenda: a bill to set U.S. crypto market rules for a fully regulated domestic industry.
Steil, the Republican chairman of the panel’s crypto subcommittee, said that the first half of Trump’s goal is well underway — Congress’ stablecoin legislation that’s already advanced through committees in both the House and Senate — so a Wednesday hearing explored the other long-awaited digital assets bill to establish the structure of crypto markets. Such hearings represent a rung on such an effort’s climb through Congress.
Representative French Hill, the Arkansas…