CoinVoice has recently learned that, according to CNBC, Coinbase's Chief Policy Officer Hilsard stated that he believes cryptocurrency legislation will move through Congress 'quite quickly' after Trump takes office. Trump was known for his well-publicized pro-cryptocurrency policy platform during his campaign. He made these remarks as two key pieces of cryptocurrency-related legislation are advancing in Congress.
One measure is the Republican-sponsored (21st Century Financial Innovation and Technology Act), which aims to establish a legal framework for digital assets. This bill was passed in the House earlier this year. Another measure is the (Payments Stablecoin Clarity Act), which aims to establish a regulatory regime to license stablecoin issuers—stablecoins are tokens pegged to the value of fiat currencies like the dollar. The stablecoin bill has not yet been voted on in the House.[Original link]