Chairman of the U.S. Senate Banking Committee: Two crypto bills may be passed by the Senate within 100 days of Trump taking office

Odaily Planet Daily News On Tuesday, David Sacks, the White House AI and cryptocurrency director, held his first cryptocurrency-focused press conference on Tuesday, outlining legislative priorities and revealing the Trump administration's first major move to regulate the emerging industry: a market structure bill and a comprehensive stablecoin bill. At the event attended by key leaders of the Senate and the House of Representatives, Senate Banking Committee Chairman Tim Scott said he intends to get the two key cryptocurrency bills passed in the Senate before the end of President Trump's 100th day in office, a deadline of less than three months from today. Scott added that a stablecoin bill introduced by Senator Bill Hagery on Tuesday may be the first to be passed. (Decrypt)