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Just In: U.S. Congress to Prioritize Crypto Legislation in 2025, Focusing on Stablecoins and FIT21 Act

The U.S. Congress is expected to prioritize crypto legislation in 2025 under the incoming pro-crypto administration of Trump. Key issues to be addressed include stablecoins and the FIT21 Act. The FIT21 Act aims to establish a regulatory framework for digital assets and grant more power to the CFTC for overseeing crypto markets. Stablecoin legislation is being considered to provide clarity and consumer protections, potentially as standalone bills. A Digital Asset Market Infrastructure Bill may pass in early 2025 to integrate digital assets into traditional financial systems. Overall, there is a push for regulatory clarity in the crypto space, with various bills addressing different aspects of crypto expected. The exact scope and nature of these bills will depend on political negotiations, regulatory agency input, and public sentiment.

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