Lawmakers in both the Senate and the House of Representatives are set to discuss key digital asset issues in upcoming legislative debates. The Senate Committee on Banking, Housing, and Urban Affairs will be exploring bipartisan legislative frameworks for digital assets, while the House Financial Services Committee will focus on stablecoins and central bank digital currencies (CBDCs). Key Republicans, who have been advocating for crypto-friendly legislation, are pushing for the passing of crypto bills. The GENIUS Act, which aims to provide a federal pathway to U.S. legality for stablecoin issuers, is gaining momentum. CBDCs, which are similar to stablecoins, are facing resistance from Republicans, including a push to ban the Federal Reserve from issuing a CBDC without Congressional approval. Passing these bills will require bipartisan support.
Content Editor ( decrypt.co )
- 2025-02-21
Lawmakers Prepare for Key Crypto Hearings on Capitol Hill
