EddieJayonCrypto
4 Mar 25
House Majority Whip Tom Emmer and Congressman Ritchie Torres have launched the Congressional Crypto Caucus, a bipartisan coalition focused on advancing pro-crypto legislation in the House of Representatives. Unlike the Congressional Blockchain Caucus, the new caucus aims to mobilize support for digi...
House lawmakers have announced the formation of the Congressional Crypto Caucus, a bipartisan coalition aimed at advancing pro-crypto legislation in the House of Representatives. The caucus, unlike the Congressional Blockchain Caucus, will function as a voting bloc to mobilize support for digital asset legislation, including bills addressing stablecoins and market structure reforms.
Lawmakers are accelerating efforts to pass a regulatory framework for digital assets, with President Donald Trump expressing support for the crypto industry. Bipartisan consensus on key legislation remains uncertain, but the formation of the caucus signals a growing recognition of the importance of digital assets and the need for clear regulations.
The announcement comes as industry stakeholders provide input on separate bills focused on regulating stablecoins in the House, and the Senate Banking Committee plans a markup session for Senator Bill Hagerty’s stablecoin bill, the GENIUS Act. Senator Tim Scott aims to have both stablecoin and market structure bills signed into law by April, although bipartisan consensus remains uncertain.
The formation of the caucus signifies a growing recognition among lawmakers of the role digital assets play in the economy and the need for clear, comprehensive regulations. Whether the initiative will succeed in overcoming political hurdles to pass significant crypto legislation remains to be seen.