Key Highlights: Crypto-backed political action committees supported three candidates in unresolved US House races. Republican incumbents Nick Begich and David Rouzer lead in Alaska and North Carolina, while Louisiana state Sen. Blake Miguez faces a Dec. 12 runoff. Stand With Crypto says the next Congress will include opportunities to educate new lawmakers, many of whom ...
Key Highlights The Office of the Comptroller of the Currency (OCC) finalized rules concerning stablecoins ahead of the $GENIUS Act’s scheduled implementation in January 2027. Banking trade groups, including the American Bankers Association (ABA) and the Bank Policy Institute, warned that the omission of yield presumptions could cause deposit flight away from traditional lenders. Crypto ...
Key Highlights: Hester Peirce is leaving the U.S. Securities and Exchange Commission after more than eight years as a commissioner. Peirce advocated for clearer cryptocurrency rules, including a token safe harbor and regulatory guardrails for the digital asset industry. Her departure has drawn praise from the Blockchain Association for her efforts to support innovation while ...
Key Highlights The crypto industry failed to secure Senate passage of the Clarity Act, but the legislation advanced farther than any previous crypto bill. Industry advocates say bipartisan agreements reached during the Clarity negotiations could support a future legislative effort. Crypto lobbying is continuing as the SEC and CFTC develop new policy and regulatory proposals. ...
Key Highlights Summer Mersinger is stepping down as CEO of the Blockchain Association effective October 16, just one week after the U.S. Senate failed to advance the Digital Asset Market Clarity Act. Kristin Smith, the association’s founding CEO who led the organization from 2018 until 15 months ago, will return to helm the advocacy group ...