Latest news with #StablecoinLegislation
Bloomberg
22-07-2025
- Business
- Bloomberg
Crypto Industry Boosted Lobbying to Pass Coveted Stablecoin Bill
Crypto companies and advocates of digital assets boosted their lobbying this year to ensure passage of landmark legislation, delivering the nascent industry its first major policy victory in Washington. The firms reported spending $6.9 million in the second quarter, congressional disclosures show, a 21% increase over their outlays in the previous three months. The expanded spending came as Congress advanced industry-backed bills, including stablecoin legislation that President Donald Trump signed into law last Friday.
Yahoo
18-07-2025
- Business
- Yahoo
Metafide CEO: Stablecoin Law "Great Thing for Market"
The total market value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping US legislative push to regulate the sector. The options market shows traders are increasing bets for even higher prices in the weeks ahead. Metafide Co-Founder and CEO Francis Speiser tells Bloomberg Businessweek Daily he believes the Stablecoin legislation signed into law today by Presidential Donald Trump will help the industry grow by adding additional transparency to the industry. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
