US Lawmakers Push Stablecoin Bill Forward in Trump’s Crypto Agenda

  • Republican lawmakers plan to advance stablecoin legislation and update the FIT 21 crypto framework within days.
  • House Financial Services Crypto Subcommittee published a draft stablecoin bill on Wednesday.
  • These legislative efforts align with the Trump administration’s promises to make the U.S. the “crypto capital of the world.”

Republican lawmakers unveiled plans to push forward cryptocurrency legislation this week, marking tangible progress toward the Trump administration’s pledges to create a more favorable regulatory environment for digital assets in the United States.

- Advertisement -

During the Digital Chamber’s Blockchain Summit 2025 Conference in Washington D.C. on Wednesday, several GOP legislators outlined their legislative roadmap for cryptocurrency regulation, with stablecoins receiving immediate attention.

Rep. French Hill (R-AR) announced that lawmakers would publish a revision to FIT 21 within days. This legislative framework aims to establish regulatory guardrails for the American cryptocurrency industry, providing the certainty that businesses have been seeking.

“Business needs certainty and predictability,” said Sen. Tim Scott (R-SC), who joined Hill on the panel. “You want that embedded in the laws of our country.”

In a parallel development, Rep. Bryan Steil (R-WI), who leads the House Financial Services Crypto Subcommittee, revealed that a House stablecoin bill would be published before the end of the day. True to his word, the draft was live on a government website Wednesday afternoon.

These legislative moves align with President Trump’s repeated promises to transform the United States into the “crypto capital of the world.” His crypto czar David Sacks had previously committed to passing both stablecoin and market structure bills within the administration’s first 100 days – a timeline that has proven overly ambitious but still demonstrates the administration’s intent.

The momentum continued with Sen. Bernie Moreno (R-OH) attempting to rally conference attendees around an aggressive timeline for comprehensive legislation. “Market structure, Genius Act, SBR done by August, right,” Moreno said. “What do you guys think?”

- Advertisement -

However, other legislators offered a more measured outlook on the ambitious legislative schedule. “We cannot get market structure done [by then], but you’re definitely gonna get [a] stablecoin [bill],” responded one lawmaker, tempering expectations about how quickly comprehensive cryptocurrency regulations could move through Congress.

While the initial 100-day timeline for comprehensive crypto legislation appears unrealistic, these developments signal that cryptocurrency regulation has become a priority for the current Congress, potentially bringing the regulatory clarity that industry participants have long requested.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest

AMLC joins hunt for P200M crypto in Anson Que kidnap-slay case

Police are tracking approximately P200 million in cryptocurrency transfers related to businessman Anson Que's kidnapping and murder.Two suspects have been arrested and one surrendered,...

BIS Crypto Containment Plan ‘Dangerous,’ Warns CoinFund President

CoinFund president Christopher Perkins criticizes BIS recommendations on crypto as "dangerous" for the financial system.BIS's proposed "containment" approach to isolate crypto from traditional finance...

Schwab Sets April 2026 Target for Bitcoin Trading After 400% Surge

Charles Schwab Corp plans to launch spot Bitcoin trading by April 2026, citing a 400% increase in traffic to its crypto website.CEO Rick Wurster...

Crypto Winter Looms: Investors Find Opportunities Amid Market Uncertainty

Crypto markets face volatility in 2025 despite positive Trump administration actions, with tariff policies adding pressure to digital asset prices.Investors should focus on improving...

Whales Accumulate $250M in Bitcoin Ahead of Easter Weekend Calm

Institutional investors, including Abraxas Capital and Michael Saylor's Strategy, are increasing Bitcoin holdings ahead of Easter weekend.Market analysts predict a quieter trading period after...

Must Read

Ethereum Hosting: TOP 10 Companies to Buy Hosting With Ethereum

If you are looking for Ethereum Hosting, you've hit the jackpot. In this article, we will present the 10 Best companies to buy hosting...