Congress Launches a Crypto Caucus to Shape Digital Asset Policy
Congressional Crypto Caucus Emerges As A New Bipartisan Effort To Shape Digital Asset Policies, Marking A Significant Step In The U.s. Approach To Blockchain Technology And Cryptocurrency Regulation.
| Key Takeaways: – The Congressional Crypto Caucus is launched by House Majority Whip Tom Emmer and Rep. Ritchie Torres to advance blockchain and digital asset policy in the U.S. – Several cryptocurrency-related bills, including the GENIUS Act on stablecoins, are under review, with lawmakers pushing for regulatory clarity by April. |
A bipartisan coalition in Congress has officially formed the Congressional Crypto Caucus, focused on advancing digital asset and blockchain policy in the U.S.
This initiative, led by House Majority Whip Tom Emmer (R-MN) and Representative Ritchie Torres (D-NY), aims to support and defend both open and private innovation within the cryptocurrency sector.
Emmer, a longstanding advocate for cryptocurrency, emphasized the caucus’s commitment in a social media statement, describing it as a “nonpartisan group of members ready to mobilize” in defense of blockchain innovation.
Torres, a prominent Democratic supporter of cryptocurrency, joins Emmer in co-leading the effort.
The establishment of the Congressional Crypto Caucus reflects a growing legislative focus on cryptocurrency regulation. Currently, several digital asset-related bills are being reviewed, including the GENIUS Act introduced by Senator Bill Hagerty, which focuses on stablecoin oversight.
The Congressional Crypto Caucus will operate independently from the existing Congressional Blockchain Caucus, which was established in 2017.
According to Fox Business reporter Eleanor Terrett, the genesis of this new group is a response to an increasing public interest in blockchain-friendly policies. Lawmakers anticipate that it will help shape legislation that encourages financial innovation while safeguarding consumer interests.
Beyond the Congressional Crypto Caucus, Emmer’s influence in crypto policy is growing. Earlier this year, House Financial Services Committee Chairman French Hill appointed him to be the Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.
The caucus’s establish follows former President Donald Trump’s recent announcement regarding plans to establish a U.S. Crypto Strategic Reserve, a federal stockpile of digital assets including Bitcoin, Ethereum, Solana, Cardano, and XRP.
This initiative stems from an executive order issued by Trump in January 2025, titled “Strengthening American Leadership in Digital Financial Technology,” which established the Presidential Working Group on Digital Asset Markets.
This working group is tasked with investigating the establishment of a national digital asset stockpile, initially investigating the use of seized cryptocurrencies.
Furthermore, a forthcoming White House cryptocurrency conference is expected to provide additional insights into proposed legislation and will feature prominent innovators, executives, investors, and members of the Presidential Working Group on Digital Asset Markets.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
