According to ChainCatcher, French Hill, Chairman of the U.S. House Financial Services Committee, announced that a hearing on crypto market structure will be held on June 4, with a markup meeting scheduled for June 10, aiming to complete legislation before the August 4 deadline set by President Trump.
Meanwhile, the GENIUS stablecoin bill has encountered 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 an open attitude that is starkly different from that of former chairman Gary Gensler.
Although Congress is in recess this week, the annual Bitcoin conference will be held in Las Vegas, with heavyweight figures like Vice President J.D. Vance and White House crypto and AI czar David Sacks in attendance. Crypto in America will provide live coverage.
