Congress | Crypto

A coalition of corporate Bitcoin (BTC) holders announced the first members of the Treasury Council on Sept. 16, positioning themselves as advocates for federal Bitcoin adoption. The Treasury Council includes nine chief executives from companies holding Bitcoin in their corporate treasuries, led by Strategy CEO Phong Le, MARA Chairman Fred Thiel, and Riot CEO Jason […] The post Bitcoin advocates form ‘Treasury Council’ to push for corporate adoption in Congress appeared first on CryptoSlate.

According to some Republican lawmakers, the first crypto-related priority in the Senate will be to pass legislation for market structure. After a monthlong break, the US Senate and House of Representatives are scheduled to return to conducting government business, which includes key policies affecting the cryptocurrency and blockchain industry. Both chambers of the 119th session of the US Congress went on recess weeks ago as part of their schedule established in January. The move effectively paused any work toward passage of a bill to establish digital asset market structure, consider the nomination of Brian Quintenz to become chair of the Commodity Futures Trading Commission (CFTC), and legislation containing a provision for restricting a central bank digital currency (CBDC). One of the first legislative items on Republicans’ agenda upon their return will be to pass a bill establishing crypto market structure out of a committee and for a floor vote. Read more

Trump Media and Technology Group, the parent company of Truth Social, revealed it has amassed roughly $2 billion worth of Bitcoin (BTC) and related digital assets, expanding on an investment strategy disclosed earlier this year. The company’s July 21 filing comes days after the U.S. House of Representatives advanced a trio of crypto bills, including […] The post Trump Media discloses $2B Bitcoin holdings as Congress approves key crypto legislation appeared first on CryptoSlate.

The House passed the GENIUS Act in a 307‑122 vote and sent the bill to President Donald Trump, who plans to sign it at a White House ceremony tomorrow, according to Galaxy head of research Alex Thorn.  The 307‑122 tally showed that more than 100 Democrats joined most Republicans to advance the measure, which differed […] The post Congress moves forward on digital asset regulations with GENIUS, CLARITY Acts appeared first on CryptoSlate.

The House has reversed Tuesday's defeat by passing a rule that advances the GENIUS Act, the Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act. President Trump's late night lobbying secured GOP unity and could deliver the stablecoin bill to his desk this week.   The post GENIUS Act, Anti-CBDC Act, and CLARITY Act Pass Procedural Vote in Congress appeared first on Cryptonews.

Discussions in the House Committee on Rules opened with crypto bills, but quickly shifted to the Department of Defense Appropriations Act. The US Congress kicked off what's been labeled as “crypto week” on Capitol Hill, with Republicans pushing digital asset legislation and Democrats framing the effort as a cover for crypto “corruption.” But instead of focusing on crypto, opening arguments quickly shifted to defense spending. In a Monday meeting of the US House Committee on Rules, Massachusetts Representative Jim McGovern used his opening statement to excoriate Republican lawmakers and President Donald Trump for their attempts to push through three crypto bills: the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS), the Digital Asset Market Clarity Act (CLARITY), and the Anti-CBDC Surveillance State Act. McGovern referred to the bills as the “GOP’s crypto giveaway,” criticizing the legislation for offering “weak and ineffective” regulatory solutions at the expense of investors.  Rea...

Crypto Week has become a defining stretch as House Republicans have scheduled votes on the GENIUS Act governing stablecoins, the CLARITY Act refining crypto market oversight, and the Anti-CBDC Surveillance Act, while Democrats have argued for stronger governance safeguards and broader review. The post Crypto Week in US Congress: What to Expect From the Biggest Push Yet appeared first on Cryptonews.

As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation. The US House of Representatives is gearing up for what Republican leadership has branded “Crypto Week,” a legislative push scheduled from next Monday to Friday that could reshape the future of digital asset regulation in the country. This week’s episode of Byte-Sized Insight explores the political stakes of these bills, the industry’s lobbying efforts and whether bipartisan support is enough to push legislation across the finish line. Lawmakers are expected to debate and potentially vote on three high-profile bills: the CLARITY Act, which would define regulatory oversight of crypto markets; the GENIUS Act, which creates a framework for stablecoins and has already cleared the Senate; and the Anti-CBDC Surveillance State Act, which would ban the creation of a US central bank digital currency. Read more