Congress
Patrick McHenry says crypto market structure bill could pass before Memorial Day
Ondo Finance Vice Chairman and former Chairman of the House Financial Services Committee, Patrick McHenry joins Jennifer Sanasie and Andy Baehr on CoinDesk Live from the Ondo Summit to discuss the rapid shift in U.S. crypto policy and why he believes long-awaited market structure legislation is closer than many expect. McHenry reflects on how tokenized real-world assets are reshaping global markets, the growing push to harmonize the SEC and CFTC, and why decentralized finance is essential to unlocking crypto’s full potential. He also weighs in on the stablecoin yield debate, ethics concerns, and makes a bold prediction: a market structure bill could reach the president’s desk before Memorial Day.
DeFi community sees ‘bad’ crypto bill’s collapse as win, not setback
The latest push to establish a comprehensive U.S. crypto market structure framework hit a snag this week, but leaders in DeFi don’t seem alarmed by the collapse.
U.S. Market Structure Bill May Slide to January as Talks Continue Over Several Points
While legislative language circulates among all four corners of the talks — industry, White House, Republicans and Democrats — the process is still mid-stride.
State of Crypto: What's In the New Crypto Market Structure Draft?
The Senate Agriculture Committee released a draft text for its version of market structure legislation.
Prediction Markets Say U.S. Government Shutdown Days From Ending as Health Care Fight Looms
Polymarket traders see a 96% chance the record-long shutdown ends by mid-November, as the Senate passes a deal and pressure mounts on House Republicans to act.
55 Years of Financial Surveillance
Reform needs to happen before the Bank Secrecy Act gets to celebrate its next big milestone, argues Nicholas Anthony, a policy analyst at the Cato Institute.
Polymarket Bettors Say U.S. Government Shutdown Will be Long But Won't Break Records
Bettors predict it will last longer than Oct. 15, but won't break the record set by the first Trump administration in 2018-2019.
Is Binance Cutting Deals with Team Trump? That's What Senate Democrats Are Asking
Senator Elizabeth Warren and colleagues asked the attorney general what's up with Binance and reports of U.S. talks over its enforcement compliance.
The GENIUS Act is already law, and banks shouldn't try to rewrite it now
Legacy financial firms should embrace competition, not try to kneecap emerging players through anti-innovation regulations, Blockchain Association CEO Summer K. Mersinger argues.
The GENIUS Act Won't Save the Dollar
U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.
