US passes crypto regulation bills
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Congress passes First major crypto legislation in U.S.
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The SEC chairman called the stablecoin legislation a “historic step” in making the US the crypto capital of the world. The bill, which sets regulatory rules for dollar-backed stablecoins, would require firms to hold dollar-for-dollar reserves in short-term government debt or similar products overseen by state or federal regulators.
US House passes CLARITY Act, bringing much-needed structure to the fragmented digital asset ecosystem and clarifying roles of SEC and CFTC.
Chevron (CVX) gets the green light to move forward with its $53 billion acquisition of Hess (HES), after an arbitration panel rejected ExxonMobil's (XOM) claim in a dispute over assets in Guyana. BP (BP) is offloading its US onshore wind business to LLS Power,
United States Congressional lawmakers debate key pieces of crypto regulatory bills on the floor of the House of Representatives.
Crypto Week has seen U.S. lawmakers advance three key crypto bills, indicating a shift toward clear rules for stablecoins, tokens, and CBDCs.
A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- joining the entire Democratic caucus -- and, at least temporarily, freezing activity in the House. The final tally was 196-223.
"Crypto Week" kicks off in the U.S. as lawmakers debate key bills that could reshape digital asset regulation. Here’s what the legislation means for Bitcoin, investors, and the future of crypto in America.