Key Takeaways from the DC Blockchain Summit on Crypto Legislation
At the DC Blockchain Summit, key discussions centered on upcoming legislation and regulatory changes in the crypto space.
- Paul Atkins, nominated for SEC chair, will participate in Senate hearings alongside other cabinet nominees.
- Reps. Bryan Steil and French Hill plan to introduce the STABLE Act, aligning closely with the Senate's GENIUS Act for stablecoin regulation.
- The summit featured speakers, including World Liberty Financial’s founding team discussing the future of stablecoins and a digital dollar.
- Sen. Lummis is advocating for more transparency from the US Marshals Service regarding the custody of digital assets.
- There are indications that President Trump plans further executive orders related to cryptocurrency, particularly concerning banking practices.
- SEC rulemaking has stalled, with no new rules expected even if Atkins is confirmed as chair; guidance and dismissals have occurred but no major updates.