US Congresspeople Ritchie Torres and Tom Emmer are forming a “Congressional Crypto Caucus” with the goal of advancing crypto-friendly policies in the US House of Representatives.
The Congressional Crypto Caucus will function as a voting bloc to mobilize support for digital asset legislation, including stablecoin and market structure bills.
The House of Representatives is considering a draft bill to establish a regulatory framework for dollar-based stablecoins.
The launch of the Congressional Crypto Caucus coincides with President Trump's directive to include Bitcoin, Ether, XRP, Solana, and Cardano in the US strategic crypto reserve.