Congress approved the ambitious crypto bill package backed by Trump

The House of Representatives approved three key bills that represent the largest legislative effort to date to regulate the cryptocurrency sector. These measures seek to establish a clear regulatory framework for digital assets, including stablecoins and other crypto assets, and to define the responsibilities of regulatory agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The most prominent bill is the GENIUS Act, approved by a wide majority (308-122), which establishes a framework for the regulation of the stablecoin market, whose value is tied to hard assets such as the US dollar. This measure would allow banks and other financial institutions to issue stablecoins, thus providing consumers with more options to store their wealth.

had already approved this bill in a bipartisan mannerDonald Trumpwill head to the president's deska central bank-issued or controlled digital currency,the House also approved the Anti-CBDC Surveillance State Actwith near-unanimous support from Republicans and only two Democrats:seeks to halt any attempt by the federal government to implement a central bank digital currencyJim HimesDigital Asset Market Clarity Act,over which agency should regulate which types of digital assets.assigns regulatory responsibilities to the SEC or the CFTC responds to Donald Trump's commitment to support the crypto sector,regarding the involvement of the federal government