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Senate Advances GENIUS Act, CFTC Leadership Shifts and SEC Updates Custody Guidance

Several legislative and regulatory developments in the crypto space occurred this week. The U.S. Senate took a significant step forward on stablecoin legislation, voting 66-32 on a procedural motion to advance the GENIUS Act....more

GENIUS Act Momentum Meets Resistance as Congress Edges Closer to Market Structure Legislation

Two significant legislative efforts took center stage this week, offering a clearer view of where Congress may be heading on crypto regulation. A revised version of the GENIUS Act, legislation to establish a federal framework...more

New Legislation Introduced, Federal Reserve Revises Guidance and SEC Hosts Custody Roundtable

Congress is back in session this week after a two-week recess. Several new pieces of legislation were introduced, including one directing the secretary of commerce to spearhead federal blockchain policy initiatives, another...more

Dramatic Shifts Point to Foundation for a Comprehensive Digital Asset Framework in the US

In just a few weeks, the landscape for crypto policy has continued to shift dramatically. The president signed into law the repeal of an IRS rule that would have expanded the definition of “broker” to capture DeFi protocols;...more

Latest Executive and Legislative Actions Continue Crypto-Friendly Movement

The past two weeks have been a whirlwind of activity for the financial and crypto sectors, with developments on Capitol Hill and from key regulatory agencies. President Donald Trump’s nomination of Michelle Bowman as the...more

Crypto Executive Order: A New Era for Digital Assets

President Trump’s crypto executive order (the Crypto Executive Order) was a first step in the Trump Administration’s articulation of a policy on promoting the lawful use of blockchain technology. It remains to be seen whether...more

Seven Things to Know About California’s New Crypto Licensing Bill

As the world’s fifth-largest economy, the state of California plays a critical role in technological innovation globally, including in the areas of blockchain and financial technology. However, until now, the California...more

4 Things to Know About Crypto Legislation As Congress Comes Back In Session This Week - Updated September 2022

Congress comes back in session after the Labor Day weekend with a final push before the November elections. Over 20 bills regarding digital assets have been introduced to Congress, addressing a wide variety of areas including...more

4 Things to Know About Crypto Legislation Before Congress Is Back In Session Next Week

Congress will be back in session after the Labor Day weekend with a final push before the November elections. Over 20 bills regarding digital assets have been introduced to Congress, addressing a wide variety of areas...more

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