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- The industry is likely about to get its first major win in Congress with a bill to regulate stablecoin firms, though questions abound about the destiny of the more important effort to police the rest of the industry.
- Under pressure from President Donald Trump, the House is on track to vote on the Senate's stablecoin bill rather than combining that legislation with its own version.
- Crypto momentum is high in Washington, with a Senate hearing on Wednesday and Crypto Week coming next week, but a number of obstacles remain between the sector and its final legislative goals.
submitted by /u/semanticweb
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