Market
Reception of Stablecoin Bill by U.S. financial institutions
2
Resolution / Starting Odds
Mostly Positive • 25%
Mixed • 25%
Mostly Negative • 25%
No significant response • 25%
Public statements or press releases from major U.S. financial institutions
Story
U.S. House Financial Services Chair to Introduce Crypto Legislation in First 100 Days
Dec 13, 2024, 01:23 PM
The incoming U.S. House Financial Services Chair, French Hill, has outlined his priorities for the new Congress, focusing on easing banking regulations, promoting capital formation for public offerings, and addressing the market structure for cryptocurrencies. Hill emphasized the need for clear regulatory frameworks for digital assets, criticizing the previous approach under SEC Chairman Gensler as 'regulation by enforcement.' He aims to introduce two key pieces of legislation within the first 100 days of the Trump administration: a Market Structure Bill for Digital Assets and a Stablecoin Bill. These initiatives are expected to unlock innovation, facilitate banking relationships, and encourage new capital inflows into the cryptocurrency sector, according to Coinbase CFO Alesia Haas.
View original story
Similar markets
Opposed • 25%
No public stance • 25%
Neutral • 25%
Supportive • 25%
Other • 25%
Ripple • 25%
Binance • 25%
Coinbase • 25%
Opposed • 25%
Neutral • 25%
No comment • 25%
Supportive • 25%
Neutral • 25%
Divided • 25%
Supportive • 25%
Opposed • 25%
No significant reaction • 25%
Mostly positive • 25%
Mixed reactions • 25%
Mostly negative • 25%
Oppose and lobby against • 25%
No significant reaction • 25%
Increase Bitcoin investments • 25%
Support and adopt • 25%
Neutral stance • 25%
No official response • 25%
Supportive stance • 25%
Opposition • 25%
Other significant reaction • 25%
Neutral/no significant reaction • 25%
Opposed to the orders • 25%
Supportive of the orders • 25%
No action taken • 25%
Other • 25%
Sanctions against banks • 25%
Recommendations for new regulations • 25%
JP Morgan • 25%
Goldman Sachs • 25%
Other • 25%
Citibank • 25%
Neutral • 25%
No Reaction • 25%
Opposed • 25%
Supportive • 25%