The U.S. Congress functions as the legislative branch of the United States federal government, comprising the Senate and the House of Representatives. Its primary duties include enacting federal laws, authorizing government spending, and providing oversight of the executive branch. This body holds a critical position in establishing economic policies and regulatory frameworks impacting all industries, including emerging technologies. Its decisions profoundly shape the national financial environment.
Context
The U.S. Congress is currently a primary forum for deliberations and proposed legislation concerning the regulation of digital assets and blockchain technology. Lawmakers are actively considering frameworks for stablecoins, cryptocurrency exchanges, and the taxation of digital holdings, reflecting diverse viewpoints across political affiliations. Future congressional actions will determine the regulatory clarity and operational landscape for crypto businesses and investors within the United States.
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