#USHouseMarketStructureDraft Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it.
But while bills for both stablecoin regulations and market structure legislation were expected within his administration’s first 100 days, little concrete progress has been made by lawmakers in advancing a comprehensive domestic policy framework — particularly as it relates to crypto markets.
And if the news Tuesday (May 6) coming out of the joint hearing entitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” held by the House Financial Services (HFS) Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence & House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, is any indication, it may take at least another 100 days for emotions on both sides of the aisle to cool.
