A bipartisan group of U.S. lawmakers has launched the Congressional Crypto Caucus to advance digital asset regulations and reinforce the nation’s leadership in blockchain innovation.
Representatives Ritchie Torres and Tom Emmer announced the formation of the caucus on March 3, aiming to serve as a legislative force for crypto-related policymaking.
The new caucus follows the establishment of the Congressional Blockchain Caucus, which was formed during the Obama administration to explore blockchain technology.
Unlike its predecessor, the Congressional Crypto Caucus will focus on actively shaping policy, particularly around stablecoin regulations and broader market structure reforms.
Emmer emphasized the group’s role as a mobilized, nonpartisan voting bloc committed to protecting innovation in the digital asset space.
“The Crypto Caucus will serve as a unified voting bloc in Congress – a nonpartisan group of members ready to mobilize to support and defend open, permissionless, and private innovation in the United States,” he stated in a post on X.
Legislative Push for Stablecoin Regulations and Market Reforms Gains Momentum in Congress
Legislative efforts around cryptocurrency are gaining momentum in Congress. Among the pending proposals, Senator Bill Hagerty’s GENIUS Act, which focuses on stablecoin regulation, is expected to make headway soon.
Additionally, Senate Banking Committee Chairman Tim Scott has expressed his intent to advance crypto-related legislation before the end of April.
The caucus launch coincides with increased federal attention on digital assets. President Donald Trump has recently considered including Bitcoin and several cryptocurrencies in his proposed national digital reserve. Trump will also host the first White House Crypto Summit on March 7.
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