House Subcommittee to Hold Hearing on Federal Digital Asset Regulatory Framework

The 119th Congress is making its first public effort to establish regulations for the $2.7 trillion crypto industry in the U.S. with a hearing titled ¡°American Innovation and the Future of Digital Assets: Aligning U.S. Securities Laws for the Digital Age¡±. Republican leaders are working on delivering stablecoin and market structure bills to President Trump before the August recess. The House is expected to release a revised market structure draft in the coming weeks, building on previous bills like the FIT21 Act and the Responsible Financial Innovation Act. The House Financial Services Committee will also hold a markup session for the STABLE Act, complementing the Senate¡¯s GENIUS Act, at the Digital Chamber Blockchain Summit.