The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding the line on needing some forms of rewards for stablecoin users. A White House meeting between Wall Street bankers and crypto… Read More
U.S. Treasury Secretary Scott Bessent fired warning shots at crypto insiders who are pushing back in the negotiations over a digital assets market structure bill in the Senate — briefly aligning with Democratic Senator Mark Warner in expressing frustration during a hearing on Thursday. “There… Read More
Coinbase VP of US Policy Kara Calvert explains what tipped the scales for Coinbase against the legislation just hours before a scheduled markup.
“The White House has been super constructive here,” said CEO Brian Armstrong.
Senate Agriculture Committee will finalize crypto market structure legislation by late January after talks advanced over the weekend, Boozman said.
The Banking Committee chief confirmed Friday evening that he’s pressing forward, though the Agriculture Committee says it still hopes for a bipartisan version.
