As the stablecoin bill advances to the House, the Senate examines market structure

The US Senate is moving forward with a hearing on crypto market structure, where lawmakers will hear from experts like Ryan VanGrack from Coinbase about bipartisan regulation efforts. This comes after the Senate passed the GENIUS Act to regulate stablecoins.

Simultaneously, the House is advancing its own CLARITY Act aimed at digital assets, expected to be voted on soon. Concerns about systemic risks related to the GENIUS Act, particularly regarding relationships between key figures and the crypto industry, persist.