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The Daily: Gary Gensler's potential farewell, bitcoin ETFs' half-trillion-dollar milestone and more

Gary Gensler may leave the SEC, Republicans retain House control, U.S. bitcoin ETFs hit $500 billion, and Coinbase rises in app rankings amid crypto enthusiasm.

theblock.co • 14/11/2024 - 20:01 PM

Republicans keep control of US House, ushering in crypto friendly lawmakers to lead key committee

Republicans maintain control of the House, enabling crypto-friendly legislation as leadership transitions on the Financial Services Committee focus on stablecoins and digital asset regulations.

theblock.co • 14/11/2024 - 03:49 AM

Republican Rep. French Hill urges federal agencies, including SEC, to suspend rulemaking in light of Trump's win

Rep. French Hill is urging federal agencies to stop rulemaking following the election results, criticizing past regulatory overreach while aiming for leadership in the House Financial Services Committee.

theblock.co • 13/11/2024 - 16:36 PM

The Digital Chamber urges US lawmakers to pass stablecoin legislation immediately as usage grows

Cody Carbone, president of The Digital Chamber, said he expects stablecoin legislation to be on President-elect Donald Trump’s desk in 2025. Carbone said he hoped the report would be a motivation for lawmakers and pointed to other countries that are looking to bolster their use of stablecoins, including China or Russia.

theblock.co • 12/11/2024 - 12:51 PM

Upcoming US elections poised to influence crypto legislation in 2025: Here’s what could happen next

The cryptocurrency industry significantly impacts U.S. elections, forming a potentially pro-crypto Congress and influencing future legislation on digital assets and regulations.

theblock.co • 04/11/2024 - 19:23 PM

Paxos CEO urges Harris and Trump to create pro-crypto regulations ahead of US election

Paxos CEO Charles Cascarilla urges presidential candidates to create a favorable regulatory environment for digital assets, warning of risks if action is not taken.

theblock.co • 29/10/2024 - 18:30 PM

Rep. French Hill remains hopeful for crypto legislation before the end of 2024

Rep. French Hill is optimistic about the potential passage of crypto and stablecoin legislation before the year's end, despite challenges and competing legislative demands.

theblock.co • 22/10/2024 - 18:18 PM

Sen. Hagerty's draft stablecoin bill could shape legislation in 2025, TD Cowen says

Sen. Bill Hagerty's stablecoin draft legislation may guide 2025 bills; bipartisan regulatory consensus is essential, with momentum potentially building before year's end.

theblock.co • 14/10/2024 - 18:09 PM

Sen. Hagerty's stablecoin regulation draft aims for clarity, echoes House bill framework

The draft closely resembles the Clarity for Stablecoins Act worked on in the House of Representatives by Rep. Patrick McHenry, R-N.C., and Maxine Waters, D-Calif. “It is Senator Hagerty’s version of McHenry-Waters,” spokespeople for Sen. Hagerty said in an emailed statement to The Block.

theblock.co • 10/10/2024 - 21:58 PM

Crypto legislation unlikely to gain traction before the end of the year: TD Cowen

Crypto legislation may not advance before 2024, with stablecoin regulation having the best chance. Senate race funding could complicate legislative progress for the crypto industry.

theblock.co • 30/09/2024 - 15:17 PM

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