The White House has convened a meeting and set Feb. 10 for resumed talks between crypto firms and banks as a market-regulation bill approaches a pivotal moment. Officials hope the sessions will help both sides find common ground and accelerate legislative progress.
The Senate Agriculture Committee approved its version of a crypto market-structure bill on Thursday in a party-line vote, advancing legislation that centers market oversight with the CFTC. The move clears a key committee hurdle and pushes the measure closer to Senate floor consideration.
The Senate Agriculture Committee advanced its portion of the CLARITY Act during markup on Jan. 29, moving the crypto bill forward despite a lack of bipartisan support as Republicans used their majority to pass it. The outcome marks a regulatory milestone but highlights mounting partisan divisions over crypto policy.
Russian lawmakers plan to finalize crypto rules by midyear that would limit retail crypto purchases to $4,000, permit trading for both qualified and retail investors, and ban privacy coins and crypto for domestic payments.
The White House will meet Monday with banking and cryptocurrency executives to try to resolve a stand-off that has stalled landmark crypto legislation, sources say. The talks aim to find a compromise that could restart the bill’s progress.
U.S. senators are preparing to consider amendments to a crypto market structure bill that would affect the Commodity Futures Trading Commission and other regulatory aspects after the agency was left with only one Senate‑confirmed commissioner.
HSBC says legislative momentum for a US crypto market bill remains strong despite opposition from Coinbase, as industry leaders prefer clear rules to enforcement uncertainty. The bank views broader market support and demand for regulatory certainty as key drivers keeping the bill on track.
The head of the Financial Services Commission said ownership limits for crypto exchanges remain under negotiation as lawmakers debate the Digital Asset Basic Act ahead of a mid‑February deadline.
A bill introduced by Republican Logan Manhart would allow up to 10% of South Dakota's state-managed funds to be invested in Bitcoin. The proposal joins a growing number of U.S. states debating crypto allocations amid questions about risk and diversification.
A Senate push for comprehensive crypto legislation has been paused after Coinbase withdrew its backing, stalling momentum. Lawmakers say floor action is unlikely for several weeks as sponsors regroup.