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U.S. legislators are pushing for clearer regulations on crypto, in an effort to keep the $2.7 trillion crypto industry in the U.S. U.S. Congress is seeing another major push for regulatory clarity on crypto. On April 9, the House financial services committee’s subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a hearing on crypto regulation. The goal of the hearing was to find ways to align U.S. securities laws with the realities of the digital age, especially with regard to crypto assets. In his remark to the committee, House Financial Services Committee Chairman French Hill commended the committee’s “bipartisan efforts to bring clarity and stability” to crypto assets. He also stated that he hoped that there would be meaningful legislation by the end of 2025. WATCH: Chairman @RepFrenchHill delivers opening remarks at today’s Subcommittee hearing: "It is incumbent on us to build on that momentum and continue working toward a comprehensive regulatory framework that establishes clear rules of the road for digital asset markets." 📺⬇️ pic.twitter.com/sEg0jHeshS “It is incumbent on us to build on that momentum and continue working toward a comprehensive regulatory framework that establishes clear rules of the road for digital asset markets… I look forward to hearing from our whitnesses today, and working with coleagues to get this across the finishline this year,” Rep. French Hill Despite offering criticism to the SEC, especially under Gary Gensler, committee members highlighted the SEC’s role in regulation. Subcommittee chairman Bryan Steil stated that the SEC would have a role in regulating token offerings. “At the same time, the Committee feels strongly that there is a role for the U.S. Securities and Exchange Commission to play in the digital asset ecosystem. For example, the Committee believes that issuers raising capital through the sale of new digital assets should fall under the jurisdiction of the SEC,” Rep. Bryan Steil This would likely not include memecoins, as the SEC, already under Gensler, ruled that memecoins were not securities. The rationale was that memecoins had no utility and are more akin to collectibles. The committee did face opposition, especially when Rep. Maxine Waters took the floor. She accused the members of the committee of favoritism toward Donald Trump’s crypto ventures, enabling him to become “crypto king.” The hearing is a part of the latest regulatory push to give clarity to crypto assets in the U.S. For instance, on May 22, the U.S. House passed the Financial Innovation and Technology for the 21st Century Act with bipartisan support.

The U.S. House Financial Services Committee took a major step forward Wednesday in advancing the “ STABLE Act .” Designed to create a dedicated federal framework specifically for stablecoin regulation, the bill has reportedly gained significant bipartisan support. Both Republicans and Democrats on the committee are said to back its core provisions. The Stable Act has received broad reported support from across the political spectrum within the committee. Key sponsors named include prominent Representatives such as French Hill (R-AR), Ritchie Torres (D-NY), Tom Emmer (R-MN), and Bill Huizenga (R-MI). The legislation is expected to provide essential regulatory clarity for the stablecoin sector. This market has faced considerable uncertainty due to the rapid growth and evolution of digital assets generally in recent years. Related: Rep. Steil Wants Crypto Bills Passed “In Tandem”: Here’s the Strategy Committee Chairman French Hill emphasized the need for clear federal regulations to ensure the safe and effective use of stablecoins within the US financial system. He also stressed the bill aims to create practical “guardrails, not roadblocks” for ongoing financial innovation in this space. This perspective reportedly reflects the apparent bipartisan consensus reached within the committee: while stablecoin innovation is viewed as vital, it requires careful management to mitigate potential consumer protection and financial stability risks. Stablecoins are a type of digital asset typically pegged to the value of a reserve asset, in this case, fiat currency as the US dollar. They offer a faster, more efficient alternative to traditional payment systems, making them appealing for facilitating low-cost global payments. Supporters of the STABLE Act argue that with a robust US regulatory framework, dollar-pegged stablecoins could even help strengthen the US dollar’s international position as the world’s primary reserve currency. In addition to the primary STABLE Act, several other related digital asset bills were discussed during Wednesday’s committee hearing. Notable among these were H.R. 2392, titled the “Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025,” and H.R. 2384, the “Financial Technology Protection Act of 2025.” Related: The Tether Effect: Stablecoin Issuer Mints 4 Billionaires to Forbes 2025 Billionaires List These related bills, along with various proposed amendments discussed, broadly aim to address wider regulatory concerns surrounding new digital financial technologies and help ensure the safety of consumers and businesses interacting with them. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Trump’s crypto ties complicate legislation, says Hill Rep. French Hill (R-AR) said Trump’s crypto ventures, including a memecoin and stablecoin, are complicating bipartisan efforts to pass crypto regulations. As Trump influences policy, his family's growing crypto ties have

U.S. Representative Bryan Steil (R-WI) argues Congress should advance stablecoin regulation and crypto market structure legislation in tandem. Steil contends the two areas are interconnected and progress together benefits both the stablecoin and broader crypto sectors. Steil expressed his opinion during a recent podcast , highlighting the increased energy from the Senate toward the stablecoin bill after President Donald Trump urged the bill to be ready before the August recess. Trump’s request fueled speculation among crypto watchers about imminent bills potentially redefining the U.S. crypto landscape. Steil, who chairs the House Financial Services Subcommittee covering digital assets, fintech, and AI, views the Senate as a partner and plans to match their pace. Related: Senator Hagerty’s GENIUS Act Aims to Pass Stablecoin Bill in 100 Days He aims to advance both stablecoin and market structure bills concurrently, anticipating Senate support to meet Trump’s August target. Steil outlined the process for passing these key pieces of legislation. He noted significant support for the Genius Act, introduced in the Senate by Senator Bill Hagerty (R-TN). In the House, Steil partnered with Rep. French Hill (R-AR) to sponsor the Stable Act, and an updated version is planned that aims to align more closely with the Senate bill. Steil anticipates both the House and Senate passing their respective versions before reconciling differences to craft a single, final bill for passage in both chambers. This detailed legislative path, while potentially seeming lengthy to some industry observers, allows lawmakers to focus on “getting things right,” according to Steil. Related: U.S. Senate Committee OKs Stablecoin Bill, Balancing State & Federal Roles He clarified the objective isn’t just speed, but working accurately to deliver sound, effective legislation for the digital asset space. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

U.S. lawmakers reintroduce Securities Clarity Act U.S. House Majority Whip Tom Emmer and Rep. Darren Soto have reintroduced the Securities Clarity Act, aiming to establish clear regulatory standards for digital assets by distinguishing them from securities contracts, The Block