Bipartisan Blockchain Bill Gains Support Amid Crypto Stalemate - CVJ.AI

01:04 22.05.2025 robbob

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A bipartisan blockchain bill is gaining traction in Congress as political tensions over crypto legislation stall progress. Republican Tom Emmer and Democrat Ritchie Torres are co-leading the Blockchain Regulatory Certainty Act, aiming to clarify regulations for non-custodial crypto services. The move comes amid concerns over conflicts of interest linked to presidential memecoin endorsements.

The bill clarifies that non-custodial crypto services aren't money transmitters, reducing regulatory uncertainty.
Democratic support for the bill contrasts with broader left-leaning resistance to crypto legislation amid Trump-related concerns.
The revised legislation incorporates feedback from a failed 2022 version, focusing on smarter oversight of digital assets.

📎 Read the original article on cointelegraph.com

Related Tags: Donald Trump

Other Tags: Ritchie Torres, Tom Emmer, Blockchain, Congress, MemeCoins

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