Two new crypto bills debuted in the US House of Representatives and Senate this week. Now, the industry is weighing the potential impact while lobbyists speculate over whether the proposed laws will make it out of committee.
It was a busy week for crypto on Capitol Hill. Senators from across the aisle partnered on a new bill targeting decentralized finance. Meanwhile, a group of House Republicans unveiled a highly anticipated market structure bill that seeks to strengthen the Commodity and Futures Trading Commissions’ role in crypto regulation.