US Congress · White House · France · CLARITY Act · CoinDesk
The House of Representatives found a way to get bipartisan agreement on stablecoin sales practices
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"These are all things CoinDesk dealt with in the House bill successfully and got 78 Democratic votes in the House last year," he said.
Key facts
- If we're successful in GENIUS rulemaking, and we're successful in passing Clarity, you'll commence about a 12-month joint rulemaking process between the CFTC and SEC," Hill said
- And you saw that in the 2024 election … So the reporter anticipate that the digital assets ecosystem, political activity will be important to the 2026 election
- French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus, that tokenization was the next major agenda item
- After stablecoins and market structure, tokenization is the next major focus for the House Financial Services Committee, Chairman French Hill told CoinDesk last month
Summary
French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus, that tokenization was the next major agenda item and that crypto would continue to receive bipartisan support. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. After stablecoins and market structure, tokenization is the next major focus for the House Financial Services Committee, Chairman French Hill told CoinDesk last month. The House Financial Services Committee is one of the few groups in Congress with direct oversight over federal regulators working on digital asset policy. The House of Representatives found a way to get bipartisan agreement on stablecoin sales practices, decentralized finance and ethics rules before passing its version of the Clarity Act, Hill said.