The US Congress has accelerated the advance of crypto legislation, aiming to complete it by August

On April 28th, US lawmakers returned to Congress after the Easter recess, making crypto legislation a priority, with the goal of completing the stablecoin and market structure bill by the August deadline set by President Trump. The House Financial Services Committee and the Agriculture Committee will hold a joint hearing on May 6 to discuss the digital asset legislative blueprint. The Senate is also integrating the content of the Lummis-Gillibrand Act 2022 and the FIT21 Act.