With Trump’s backing, GOP pushes for sweeping crypto regulations
- The GOP, with President Donald Trump's backing and his son Eric Trump's crypto involvement, is advancing sweeping cryptocurrency regulations in 2025.
- This effort follows Biden's administration restrictions on crypto banks and enforcement under Gary Gensler, while Trump's SEC chair favors a pro-crypto stance, creating splits in regulatory approaches.
- Congress is considering two key bills: a stablecoin bill tied to the dollar and a broader digital asset market framework, which faces Democratic opposition partly due to Trump's controversial crypto holdings.
- Industry experts at the Consensus conference praised recent progress, with lawyer Lewis Cohen calling it "a very encouraging three months" and Annemarie Tierney noting a chance to reset ties between crypto and Washington.
- These developments suggest that rapid regulatory clarity is expected before a possible House power shift, as bipartisan support grows despite concerns over conflicts of interest and market risks.
58 Articles
58 Articles
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Trump Got SOOO Greedy, that ...
— — Where is Johnny Carson when we need him ... Trump Got So Greedy He Might Mess Up Crypto’s Plan in Congress By Matt Stieb, Intelligencer staff writer — May 7, 2025 [...] Now, a bill that the crypto industry has lobbied for quite heavily — one that...
With Trump’s backing, GOP pushes for sweeping crypto regulations
WASHINGTON (NEXSTAR) - Backed by President Donald Trump, Republicans are ramping up efforts to pass sweeping regulations on the cryptocurrency industry but skepticism from both Democrats and some Republicans is clouding the path forward. While cryptocurrencies still represent a small portion of the U.S. economy, lawmakers from both parties say digital assets are poised to become a dominant force in global markets. “This is about the blockchain t…

Crypto industry praises Trump, calls for market clarity
The start of President Donald Trump's term earned rave reviews at the world's leading crypto conference Wednesday, but top industry lawyers said digital platforms wanted regulatory clarity while the Republicans control Congress.
Trump’s Memecoin, Crypto Stake Make Legislating ‘More Complicated’: Rep. French Hill
U.S. President Donald Trump’s crypto ventures, including the launch of his TRUMP memecoin in January, have complicated bipartisan efforts to get stablecoin legislation passed, Rep. French Hill, a lawmaker at the center of the industry's crypto efforts in Washington, said Wednesday at Consensus 2025 in Toronto.However, Hill — chairman of the House Financial Services Committee, which recently released a discussion draft of a crypto market structur…
Crypto-Backed Stablecoin Bill Gets Bipartisan Push for Quick Revival in Senate
Senators in both parties are working to quickly revive stablecoin legislation backed by the crypto industry that faltered after a furor over President Donald Trump’s growing portfolio of lucrative crypto ventures.
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