US lawmakers proposed a tax plan that would exempt dollar-pegged stablecoins from taxable gains or losses if they maintain a tight peg. The bill does not extend the same treatment to Bitcoin.
Senator Cynthia Lummis said the crypto market-structure bill is down to fine details and is expected to leave her committee in April, signaling tangible progress toward U.S. regulatory clarity. The move could accelerate debate over exchange, custody and oversight rules that shape institutional participation.
Sen. Tim Scott said a stablecoin yield deal could be reached this week, while the White House may announce as soon as tomorrow that it has progressed on the key issue delaying the crypto market structure bill. If confirmed, the move could reduce regulatory uncertainty for issuers and DeFi.
Senate Majority Leader John Thune will prioritize the SAVE America Act, delaying consideration of a crypto market structure bill until at least April. The move stalls congressional progress on federal crypto rules and prolongs regulatory uncertainty for market participants.
The Senate voted overwhelmingly to approve a bipartisan housing bill that includes a ban on central bank digital currencies (CBDCs). The measure still faces an uncertain path in the House and potential resistance at the White House.
House GOP lawmakers are seeking a permanent ban on CBDC development and have warned they will withhold a housing bill unless anti‑CBDC language is adopted. They argue a central bank digital currency would be an overreach of government power.
Major banks have told lawmakers they cannot back the White House compromise on the crypto market bill, creating a fresh roadblock for legislation that had been nearing agreement. The setback raises uncertainty for regulatory clarity and market participants.
Donald Trump urged banking groups on March 3 to “strike a favorable deal” with the crypto industry and warned any effort to weaken the GENIUS Act is “unacceptable.” His intervention raises political pressure as lawmakers negotiate the stalled bill.
A clause in a U.S. housing bill would bar the Federal Reserve from offering a consumer-facing digital dollar until 2030, delaying any retail CBDC rollout. The measure represents a legislative rebuke to CBDC proponents and could reshape the policy timetable.
On Feb. 26, 2026, Reps. Scott Fitzgerald, Ben Cline and Zoe Lofgren introduced the Promoting Innovation in Blockchain Development Act of 2026—known as the CLARITY Act—to shield software developers who write code but do not control user funds from prosecution under criminal code Section 1960. The bipartisan measure aims to reduce legal uncertainty for open-source builders in the DeFi space.