Weekly Crypto Regulation Roundup: Stablecoin Boom, CFTC Power Moves, and Senate Shake-Ups
Federal Reserve Governor Stephen I. Miran issued a stark warning about the macroeconomic implications of the surging stablecoin sector. Speaking at the BCVC Summit 2025, Miran suggested that the rapid growth of dollar-backed stablecoins—now processing trillions in payments—could exert downward pressure on U.S. interest rates. The demand for these tokens is driving increased purchases of U.S. Treasuries and other dollar-denominated assets, mirroring historical patterns of global savings gluts.
The Commodity Futures Trading Commission (CFTC) is emerging as a pivotal player in crypto regulation, with new clarity on its oversight role. Meanwhile, the Senate is undergoing shifts that could influence future digital asset legislation. The Securities and Exchange Commission (SEC) continues to refine its stance, signaling a dynamic regulatory landscape ahead of 2026.
