Washington Eyes Crypto Rules: Senate Subcommittee Hearing on Digital Assets Scheduled For Tuesday

The United States Senate Committee on Housing, Banking, and Urban Affairs is set to hold a hearing on Tuesday, June 24 featuring heavyweights witnesses from the crypto sector.

Key Crypto Players Set To Speak At Senate Subcommittee Hearing

According to the committee’s website, the hearing entitled “Exploring Bipartisan Legislative Frameworks for Digital Asset Market Structure” will take place Tuesday at 3:00 p.m. on Capitol Hill.

Speakers at the key crypto hearing Sarah Hammer, Executive Director of University of Pennsylvania Wharton School, Ryan VanGrack, Coinbase’s Vice President of Legal, Greg Xethalis, General Counsel for Multicoin Capital, and Former Chairman of the U.S. Commodity Futures Trading Commission Rostin Benham.

According to Crypto In America reporter Eleanor Terrett, Senate Banking, Housing and Urban Affairs Republicans are even slated to introduce “principles” of a market structure bill ahead of tomorrow’s hearing.

Senator Cynthia Lummis Encourages Market Structure Legislation

News of the committee hearing comes just one week after the Senate passed the GENIUS Act in a sweeping 68-30 vote.

“Today is a bold step forward – not just for financial innovation, but for American leadership, consumer protection, and economic opportunity,” Chairman Tim Scott (R-SC) said.

“With the GENIUS Act, we’re bringing clarity to a sector that’s been clouded by uncertainty and proving that bipartisan, principled leadership can still deliver real results for the American people,” he added.

Following the GENIUS Act’s Senate approval, Senator Cynthia Lummis (R-WY) encouraged U.S. lawmakers to advance coinciding legislation that would help broaden the crypto sector’s overall reach stateside.

“The success of the GENIUS Act hinges on comprehensive market structure legislation that protects consumers, establishes transparency, and creates clearly defined trading regulations,” Lummis said. “Congress must act quickly.”

Lummis indicated that members of Congress were already working on such legislation “in earnest,” with Senate hearings on the matter in the coming weeks.

The GENIUS Act now heads to the House of Representatives for approval.

سلب مسئولیت: مقالات بازنشر شده در این سایت از پلتفرم‌ های عمومی جمع‌ آوری شده‌ اند و صرفاً برای اهداف اطلاع‌ رسانی ارائه می‌ شوند. این مطالب لزوماً بیانگر دیدگاه‌ های MEXC نیستند. کلیه حقوق متعلق به نویسندگان اصلی محتوا است. اگر معتقدید که محتوایی حقوق اشخاص ثالث را نقض می‌ کند، لطفاً برای حذف آن با آدرس ایمیل service@support.mexc.com تماس بگیرید. MEXC هیچگونه تضمینی در مورد دقت، کامل بودن یا به‌ روز بودن محتوای ارائه‌ شده نمی‌ دهد و مسئولیتی در قبال هرگونه اقدام بر اساس این اطلاعات ندارد. این محتوا مشاوره مالی، حقوقی یا حرفه‌ ای محسوب نمی‌ شود و نباید آن را به‌ عنوان توصیه یا تأیید از سوی MEXC تلقی کرد.
اشتراک گذاری مقاله

محتوای پیشنهادی

A complete analysis of my stablecoin income strategy with a monthly income of $500,000 and an average annualized return of 78%.

A complete analysis of my stablecoin income strategy with a monthly income of $500,000 and an average annualized return of 78%.

Author: Octoshi.eth Compiled by Tim, PANews By participating in points events and investing in real income agreements, I was making about $500,000 a month, which sounds crazy. The following article will explain the sources of income. This is my current allocation, and my average annualized rate of return is 78%. While my estimate is conservative, a large portion of it is based on activity points, which makes it highly predictive. The first source of income was participating in Plasma. I deposited $2.3 million and bought $125,000 worth of XPL tokens at $500 million FDV. Taking into account a 90-day investment cycle and the current $5.7 billion valuation on Hyperliquid, my annualized return is 217%. XLP is aiming for $10 billion! The second source of income is a passive position that provides immediate liquidity so that I can jump in at any time when I find new income opportunities or interesting trades. The operation is simple: I just need to deposit money into the Morpho fund, which currently earns an annualized rate of return of 10%. The next source of revenue is Euler Finance’s Spark mining activity on Unichain, from which OP token incentives can be obtained. Under the current circumstances, the annualized rate of return is 27% (Euler does not display OP rewards), which is actually quite high considering the relatively low risk. The next one is Theo Network, a new player that just went online not long ago. They've introduced a points system, which I'm very optimistic about. There are no private PY transactions, so everyone can participate with peace of mind and will not feel cheated. Pray that the annualized rate of return can reach 30% Next up is Neutrl. This project hasn’t officially launched yet, but it offers a private transaction with different options. I chose to lock my funds for 12 months to get a fixed annualized rate of return of 30%. Maybe it will be online soon? The next source of income is MorphoLabs' RLP arbitrage, which currently has an actual annualized yield of 33% (with high volatility), and has not yet included Resolv point rewards, which are expected to add an additional 10% annualized yield. The last one is Open Eden. Although I am optimistic about this project, I have to reduce my holdings due to the decline in profitability of the revolving lending strategy due to rising interest rates (but I will increase my holdings again soon). With an FDV of $300 million, I estimate an annualized return of approximately 50%. $500,000 per month and an average annualized return of 78%—both of which are speculative and heavily influenced by Plasma—proved to be a very wise investment.
اشتراک
PANews2025/08/27 17:23
اشتراک