Patrick Witt, the White House's top crypto adviser, deferred his military training to remain and advance the CLARITY Act in the Senate before the August 8 recess. This comes as deputy director Harry Jung announced his departure from the council.
The SEC's draft 5-year plan (2026-2030) signals a policy shift towards blockchain and digital assets, focusing on regulatory architecture and market modernization rather than enforcement. This change aims to build institutional confidence and facilitate compliant capital formation within a stable legal framework.
A Politico-Public First survey of 2,035 US adults reveals that only 4% of voters prioritize crypto policy when deciding on a candidate, with affordable housing, consumer fraud protection, and lower bank fees being top concerns. Despite significant lobbying efforts and spending by the crypto industry, 27% support legitimizing crypto as a mainstream asset, while 31% oppose it.
A Politico survey of 2,035 US adults found only 4% prioritize crypto policy in voting decisions, with affordable housing, consumer fraud protection, and lower bank fees being top concerns. Despite significant lobbying efforts, 27% support and 31% oppose crypto mainstream legitimization.
Washington isn't trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for one specific category of digital asset: the regulated, dollar-pegged stablecoin. The GENIUS Act established the first federal regulatory framework for payment stablecoins, and a bipartisan House tax discussion draft now proposes friendlier tax […] The post Congress on verge of making regulated dollar stablecoins act almost like digital cash appeared first on CryptoSlate.
