Congress on track for stablecoin, market structure bills by August: Blockchain Association

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Coin Telegraph 12h ago

Congress on track for stablecoin, market structure bills by August: Blockchain Association - Coin Telegraph

Quick Summary:

Source: The Associated PressBipartisan supportAt the Digital Assets Summit on March 18, Democratic Congressman Ro Khanna said he believes Congress “should be able to get” both the stablecoin and crypto market structure bills passed in 2025.

United States lawmakers are on track to pass legislation setting rules for stablecoins and cryptocurrency market structure by as soon as August, Kristin Smith, CEO of industry advocacy group the Blockchain Association, said during Blockworks’ 2025 Digital Asset Summit in New York.

In 2024, the House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, also known as FIT21, which sets ground rules for crypto market structure.