Crypto’s Capitol Hill Showdown: Regulatory Breakthrough or Political Pump-and-Dump?
Washington's playing high-stakes poker with crypto—again. This week could spark the regulatory clarity the industry's begged for... or just another round of bureaucratic bluffing.
Legislative lightning round: Three bills hit the floor
House reps are swinging for the fences with proposals covering stablecoins, market structure, and that eternal DC favorite: 'innovation frameworks.' Meanwhile, the SEC keeps eyeing crypto exchanges like a cat watching a laser pointer.
The institutional money's watching
BlackRock's BTC ETF approval last year proved Wall Street wants in—but even Larry Fink won't touch this asset class until the rules stop changing weekly. No wonder crypto VCs are hiring more lobbyists than engineers these days.
Bull trap or breakout?
If history's any guide, Congress will kick the can until after the election. But with 2025's institutional floodgates primed to open, this might finally be the moment crypto goes legit—or gets regulated into oblivion. Either way, the lawyers win.