#USHouseMarketStructureDraft

Discussions in the U.S. Senate about cryptocurrencies are focused on the GENIUS Act, which seeks to regulate stablecoins. Despite initial bipartisan support, Democrats are withdrawing their backing due to concerns over money laundering, national security, and potential conflicts of interest related to the Trump family. A crucial vote will take place soon, while other developments include blocking a hearing in the House and a roundtable by Bernie Sanders to discuss the risks of the bill. There is also a separate proposal to recognize Bitcoin as a national strategic asset. The future of cryptocurrency regulation in the U.S. remains uncertain in light of these divisions.