1/ The past two weeks marked a turning point in U.S. crypto policy. Momentum is building behind stablecoin legislation, and clear rules are closer than ever. Here's what happened and what’s next. 🧵
3/ The Senate’s bipartisan vote on GENIUS – 68 to 30 – shows that Congress, on both sides of the aisle, is committed to establishing clear rules for our industry and giving innovators the clarity they’ve been asking for.
4/ Thank you to our champions in the Senate who understand that preserving U.S. financial leadership in the digital age requires real policy – their support gives the House a strong foundation to act.
Kristin Smith
Kristin Smith20.6.2025
We're hopeful the House will take up the GENIUS Act quickly and move it along to President Trump for a signature. Thank you, @tanayamacheel, for having me on to discuss the GENIUS Act, Solana ETFs, Project Open and more!
5/ In a recent interview with Yahoo Finance, I talked about how GENIUS marks a new phase for crypto – one that prioritizes certainty and compliance. A clear path forward is what stablecoins need to scale responsibly.
Yahoo Finance
Yahoo Finance18.6.2025
The Genius Act “is just a much more efficient way to move dollars around the globe, and I think that this is going to be a huge benefit for consumers, for the banks, and really help launch the crypto community…,” Solana Institute president @KMSmithDC says.
6/ Also, in an op-ed for CoinDesk, I laid out the stakes: stablecoin legislation isn’t just about crypto – it’s about reinforcing the strength of the U.S. dollar globally.
7/ And late last week, I joined @ThinkingCrypto1 for a discussion on Congress, crypto, and @SolanaInstitute.
Tony Edward (Thinking Crypto Podcast)
Tony Edward (Thinking Crypto Podcast)28.6.2025
Will the Crypto Market Structure Bill Pass in 2025? WATCH ▶️ Kristin Smith, President at Solana Policy Institute, joined me to discuss the current state of Crypto & Stablecoin legislation in the US. Topics: - Solana Policy Institute Overview - Stablecoin bill passing in the Senate - Crypto market structure bill may not pass in 2025 - SEC's new approach to Crypto - Howey Test and Crypto - The continued crypto advocacy in DC #interview #podcast #crypto #stablecoins #solana #congress @KMSmithDC @SolanaInstitute
8/ While stablecoin legislation continues to progress, both chambers of Congress are also focused on market structure. Last week Sens. Lummis, Scott, Tillis, and Hagerty released a framework for crypto market structure.
end/ At SPI, we’ll keep doing the work – meeting with lawmakers and advocating for a durable, bipartisan outcome on behalf of the Solana ecosystem and all of crypto. As always, thank you for reading – and safe travels this week!
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