The Senate passed legislation Tuesday, 68-30, that would establish regulations for stablecoins, concluding weeks of work on the bill and marking a significant step in cryptocurrency policy. Democrats were divided on the bill,

House conservatives tanked a procedural floor vote Tuesday afternoon to advance a trio of cryptocurrency bills and the fiscal 2026 Defense spending measure, throwing the fate of multiple Republican legislative priorities into limbo.

President Donald Trump said Tuesday, July 15, he has secured the commitment of House Republicans to vote in favor of the GENIUS Act after procedural failures halted its progress earlier in the day.

The stablecoin market has reached a regulatory and business milestone. Two significant actions took place in the United States in recent weeks

Coinbase is launching a six-figure ad campaign urging Congress to pass legislation that would establish rules for regulation of the crypto market as the House prepares to take up several crypto

The bipartisan legislation, which passed the Senate in June and is likely to be voted on by the House this week, is the first-ever piece of stablecoin regulation. It would allow private entities to issue their own stablecoins, as long as they are fully backed by U.S. Treasuries. That will open the Treasury up to a whole new set of investors.

Stablecoin fever is still running hot. Zerohash, a crypto and stablecoin infrastructure startup, is set to raise about $100 million at nearly a $1 billion valuation, according to two sources familiar with the deal.

Jonathan Gould, a former chief legal officer at blockchain firm Bitfury, will lead the U.S. Office of the Comptroller of the Currency.