US House Passes Crucial Crypto Bills — From SEC Chair Paul Atkins To Coinbase CEO Brian Armstrong, Here's How Everyone Reacted

Legislative Progress: The U.S. House of Representatives passed key cryptocurrency legislation, including the GENIUS Act for stablecoin regulation, which has been praised by industry leaders and is seen as a significant step towards a clearer regulatory framework.

Concerns and Controversies: Despite the positive reception from the crypto community, there are concerns about potential corruption in the legislative process, with critics highlighting conflicts of interest and the influence of major cryptocurrency stakeholders on lawmakers.