Congress is making progress on digital asset regulation with over 100 crypto bill amendments

From Yahoo Finance: 2025-06-17 15:31:00

Cryptocurrency markets surged after Bitcoin hit $110,600, but pulled back post inflation data, with Bitcoin down 2.5%. Lawmakers are progressing on digital asset regulation. Federal bills Clarity Act and GENIUS Act gain momentum for crypto oversight. Stablecoin regulation could pass by July. PayPal brings PYUSD stablecoin to Stellar blockchain for cross-border remittances. Tokenized treasuries reduce costs and open new markets. Several crypto firms pursue IPOs post Circle’s success. State-level policies create regulatory complexity. Industry leaders stress user-friendly design for mainstream adoption. Crypto industry transitions to practical financial infrastructure.

Read more: Congress Files Over 100 Amendments on Crypto Bills as Bitcoin Slides From Weekly High of $110,600