“Crypto week” is approaching as lawmakers in Washington aim to pass three bills related to digital assets.
Lawmakers in Washington are gearing up to pass three bills for the blockchain industry in an event they have dubbed “crypto week.”
The US Congress has been working on legislation that the crypto industry lobby says will help bring clarity to the industry and help it grow, primarily through two laws governing stablecoins and creating a crypto market structure. Congress is also considering a law preventing the creation of a central bank digital currency (CBDC).
Crypto has found support on both sides of the aisle, with Democratic and Republican lawmakers each making a number of amendments to the bills under consideration. Major crypto exchanges operating in the United States, like Coinbase, have stepped up their campaigning for the legislation as well.
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