According to ChainCatcher, French Hill, chairman of the House Financial Services Committee, announced a hearing on crypto market structure to be held on June 4, and plans to conduct a markup session on June 10, aiming to complete legislation before the August 4 deadline set by President Trump.
Meanwhile, the GENIUS stablecoin bill is facing obstacles in the Senate and is undergoing a new round of amendments. The SEC's crypto task force has held 104 industry meetings, including discussions with Ripple Labs, demonstrating a markedly different openness compared to former chairman Gary Gensler.
Although Congress is in recess this week, the Bitcoin annual conference will be held in Las Vegas, where heavyweight figures such as Vice President J.D. Vance and White House crypto and AI czar David Sacks will attend, with Crypto in America providing live coverage.
