Trump Nears Historic Crypto Policy Victory – First Major Win for Digital Assets
Washington shakes as Trump's crypto agenda clears critical hurdle.
After years of regulatory limbo, the former president's push for digital asset adoption hits a watershed moment—just as Wall Street scrambles to reposition.
The policy shift could unleash $2T in dormant capital (or at least that's what the lobbyists claim).
Key provisions:
- Clearer tax treatment for BTC transactions
- Fast-tracked ETF approvals
- Sandbox for stablecoin issuers
Critics warn it's a gift to crypto whales—but let's be honest, traditional finance has been rigged for decades anyway.
One thing's certain: the SEC's revolving door just got oiled with fresh lobbying cash.
House ends push to combine crypto bills
The House Rules Committee will meet on Monday at 4 p.m. to examine all three measures, potentially clearing the way for a floor vote by Tuesday.
These votes will end the House GOP’s effort to bundle all three crypto bills into one package to pressure the Senate. Instead, Senate Republicans, backed by Trump, ran a public campaign that successfully passed the standalone GENIUS Act.
Leading Senate GOP figures have vowed to address an independent market structure bill in September.
Earlier, President Trump proudly claimed that cryptocurrency has “soared ‘through the roof!’” under his leadership, crediting his tariff strategy and economic agenda for fueling the digital‐asset rally.
While House leaders intend to forward the Senate’s stablecoin legislation to the president unchanged, they continue to press for tweaks.
A revised draft of the broader market-structure proposal, released Thursday by House Financial Services Chair French Hill, incorporates an amendment section for the GENIUS Act.
Proposed adjustments include updated accounting protocols, permission for commodity-backed stablecoins, and stronger issuance oversight requiring both private and public nonfinancial entities to secure approval from a designated review committee before launching a stablecoin
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