“It's done,” Gillibrand says of Senate stablecoin bill; next up market structure crypto bill

Visit Ask a Pol ~ asking your lawmakers your questions at your US Capitol ~What should we ask Congress next? Let us know!In our latest episode, Ask a Pol asks Sen. Kirsten Gillibrand (D-NY).

How are you feeling about stablecoin?

Key Gillibrand:

“It's done,” Gillibrand — Original cosponsor, The GENIUS Act — exclusively told Ask a Pol Crypto. “I got two more votes. I got [Sen. Andy] Kim (D-NJ), and [Sen. John] Hickenlooper (D-CO) joined our vote last vote, and then we'll have one more on final passage.* So we'll have at least all those vote yes.”

*unless an agreement is reached to speed things up, final passage is expected Tuesday.

Caught our ear:

Does it feel like this Congress is now ready to kinda tackle crypto and do other stuff?

“I’m hopeful. I do think that market structure is far more complex than stablecoin,” Gillibrand told us. “So I think it'll take a larger working group, and early review of early drafts to just try to get consensus earlier. It's gonna be a much heavier lift.”

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