Follow crypto legislation news, proposed bills, lawmaker debates, and policy frameworks shaping the future of digital assets.
Banking groups, Democratic senators and developer advocates are attacking the concessions Republicans hoped would unlock 60 votes.
Republicans say the bill now includes 126 Democratic demands, with new concessions on Trump ethics, stablecoin rewards, developer protections and exchange conflicts.
The president accepted most of a bipartisan crypto ethics proposal as Republicans moved to break the bill’s months-long Senate impasse.
Republicans are asking lawmakers to preserve the amendment process while major disputes over ethics, stablecoins and prediction markets remain open.
The crypto industry is unleashing national ads, but Republican senators say the bill could still fail over ethics restrictions tied to Trump’s crypto interests.
Local applicants cannot even start the process, while passported MiCA providers can continue entering the market.
A Federal Reserve staff paper shows how congestion and weak network effects can push holders toward redemptions or chain migration even with safe backing.
The Senate votes Sept. 15, but the House leaves two days later, leaving almost no time to finish the crypto market-structure bill.
The new law legalizes regulated investing and cross-border use before exchanges, custodians and venues are fully operational.
