Crypto Hearings Set on Capitol Hill

Capitol Hill Debates Key Crypto Legislation

• The Senate Committee on Banking will explore bipartisan frameworks for digital assets.
• The House Financial Services Committee will hear testimony on stablecoins and CBDCs on March 5.
• Senate Banking Committee Chairman, Rep. Tim Scott (R-SC), aims to pass a market structure bill for stablecoins within the first 100 days of President Trump’s regime.
• The GENIUS Act seeks to provide federal legality for stablecoin issuers like Tether and Circle.
• Senator Bill Hagerty (R-TN) introduced the GENIUS Act in the Senate this month; it’s under review by the Senate Committee on Banking.

Lawmakers are preparing for key discussions on crypto legislation, focusing on digital asset frameworks, stablecoins, and CBDCs. The GENIUS Act is under review in the Senate, aiming to establish federal legality for stablecoin issuers.