Crypto Legislation

The U.S. Senate has introduced a streamlined version of its crypto market structure legislation, contrasting with the House's more comprehensive CLARITY bill. Both bills agree that major digital assets like Bitcoin and Ether may not be securities, but their differing approaches indicate ongoing debates in crypto regulation. The eventual reconciliation will significantly influence the future U.S. regulatory landscape for cryptocurrencies.

On July 17, 2025, the U.S. House passed three significant cryptocurrency bills, including stablecoin regulations and a ban on a Federal Reserve digital currency. These laws aim to regulate and legitimize crypto markets but face criticism and political controversies.

Bitcoin has soared to a historic high of $120,000 driven by optimism surrounding upcoming US crypto bills aimed at regulatory clarity and innovation.

Coinbase appoints David Plouffe to its global advisory council, aiming to enhance political influence as U.S. crypto regulations rapidly evolve. With ongoing legislative efforts on stablecoins and market reforms, Plouffe's expertise supports Coinbase's navigation in the changing landscape.