The Week in Crypto Policy: HFS Advances Two Bills and Senate Anti-CBDC Bill

The House Financial Services Committee advanced two bills of note to the crypto community. One would repeal SAB 121, an SEC rule preventing banks from providing custody services for customers’ digital assets and spot Bitcoin ETFs. The other aims to clarify and expand the Secret Service’s authority to investigate cyber crimes, including those involving digital assets. In the Senate, Senator Cruz introduced an anti-CBDC bill, while Senate Ag Chair Debbie Stabenow said she is back to work on crypto legislation.

Continue reading on Messari