The Official website of The United States Committee on Banking, Housing, and Urban Affairs| www.banking.senate.gov
YESTERDAY, Tuesday, June 17, 2025, the United States Senate officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 with a bipartisan supermajority vote of 68-30. The GENIUS Act aims to establish a federal framework for the issuance and regulation of payment stablecoins in the U.S.. It sets requirements for reserve backing, transparency, consumer protection, and compliance with anti-money laundering laws, while also creating pathways for...| DeFi Education Fund
Week of June 16, 2025: SEC Roundtable on DeFi; CLARITY Act Markup; CFTC Nomination Hearing; DEF Submits Expert Opinion in Alexey Pertsev Trial; SEC Drops "Exchange" Rulemaking; GENIUS Act UpdateSEC Crypto Task Force Hosts Roundtable on DeFi On June 9, 2025, the Securities and Exchange Commission (SEC) Crypto Task Force hosted its final roundtable event titled “DeFi and the American Spirit.” The roundtable brought together voices from across the digital assets industry to discuss the fut...| DeFi Education Fund
WASHINGTON, D.C. – U.S. Senator Ted Cruz (R-Texas), Chairman of the Senate Committee on Commerce, Science, and Transportation, will convene a full committee Executive Session on Wednesday, April 30, 2025 at 10:00 a.m. EST to consider the following nominations and legislation:| U.S. Senate Committee on Commerce, Science, & Transportation
Please click here to access a PDF version of this article IntroductionOn February 5, 2025, the Senate Banking Committee held a hearing focused on investigating the impacts of debanking in America. The hearing highlighted a strong bipartisan interest in protecting Americans’ access to inclusive and affordable financial services. The hearing also dove into anti-money laundering (AML) policy and its relationship to debanking; there was substantial discussion on the efficacy and costs of the A...| DeFi Education Fund