During House #CryptoWeek, lawmakers passed the GENIUS Act, the CLARITY Act & anti‑CBDC legislation—reaffirming the U.S. as the global leader in digital assets.
@TimRyan & @DavidMMcIntosh, co-chairs of @BIPblockchain:
“Last week, the House of Representatives passed historic legislation that will redefine the future global economy and reaffirmed the United States is the digital asset capital of the world. By establishing a commonsense regulatory framework and market structure for stablecoins and other currencies, including Bitcoin, American digital asset innovation will continue to thrive while implementing safeguards for consumers.”
🔗 https://t.co/aX0vCyTjY6
Big moves in Congress on stablecoin legislation. The GENIUS Act is advancing in the Senate, and the STABLE Act just cleared a key House committee.
@DavidMMcIntosh, co-chair of the Blockchain Innovation Project, tells @AmerBanker stablecoins are the next leap in financial infrastructure—just like the internet revolutionized communication.
Full story: https://t.co/ZtJW50S1tP
For the last few years Democrats in Washington have tried to kill digital assets, but those days are over under President Trump and the newly confirmed SEC Chairman Paul Atkins. It's time for America to lead on digital assets, and we look forward to working with Chairman Atkins on making that happen.
🧵The Blockchain Innovation Project is very encouraged by the Senate and House progress on Stablecoin legislation as part of a whole and comprehensive crypto policy framework for the United States. We encourage Congress to finish these crucial bills, which are needed to establish a comprehensive crypto framework. As this process moves forward, BIP encourages House and Senate leaders to work to strengthen these legislative efforts in the following ways:
3. Ensure maximum protection of self-custody rights to preserve peer-to-peer- transactions enabled by blockchain technology, such as proposed in the ‘Keep Your Coins Act’.
The bipartisan Blockchain Innovation Project commends @SenatorHagerty, @SenLummis, @SenatorTimScott, @RepFrenchHill, and @RepBryanSteil for their leadership in providing regulatory certainty and removing barriers to stablecoin adoption. House and Senate leaders must seize this once-in-a-generation opportunity and prioritize stablecoin legislation that can pass both chambers and be signed into law by @realDonaldTrump.
Congratulations to Patriot Senator Bo Biteman, of the Great State of Wyoming, for working to pass SCHOOL CHOICE, a top priority of my Administration, putting power where it belongs – PARENTS. This would be an incredible Victory for Wyoming students and families. Every Member of the Wyoming Senate should vote for HB 199. I will be watching!
Bitcoin and digital assets are the future. Here’s my agenda:
✅ No retail Central Bank Digital Currencies
✅Clear protections for self-custody Bitcoin wallets
✅Restore Dollar Dominance for the 21st Century
Overturning Chevron is important for a lot of reasons, but notably, it's a big win for the digital assets industry.
This ruling will finally limit the SEC’s ability to impose excessive regulations on #crypto.
https://t.co/3Szoi9sHiI
.@BIPBlockchain Co-Chairman @TimRyan - "Fit 21 will allow a technology potentially as transformative as AI to grow safely here in the United States."
Full op-ed on the importance of this #blockchain vote - https://t.co/D4HWX5pgzQ
When it comes to digital assets, Joe Biden is clueless.
President Trump understands that ending hostility towards digital assets is key to fostering innovation.
https://t.co/ff6wNnquy7
Issuing a CBDC would allow bureaucrats to spy on American citizens and control their financial transactions.
Everyone — regardless of political party — should be wary of how much power a CBDC would give the federal government.
https://t.co/GY1991gQrt
Don't forget to join us tomorrow at 10 a.m. in Washington, DC for the Future of Blockchain Innovation event with @DavidMMcintosh, @TimRyan, and @FTIconsulting!
RSVP to attend in person - https://t.co/3sLhj1XiIV
Join us this Thursday for an exclusive #blockchain event in Washington, DC! A live panel discussion featuring
@DavidMMcintosh and @TimRyan will dive into an engaging exploration of how blockchain is reshaping the future.
RSVP to attend in person - https://t.co/3sLhj1XiIV
I stand firmly against the creation of a U.S. #CBDC. The financial privacy of American citizens is paramount, and the risks to our constitutional freedoms are too severe to ignore.