- The Congressional Crypto Caucus aims to unify bipartisan support for digital asset laws.
- Emmer and Torres lead the new caucus to promote stablecoin and crypto market reforms.
- The caucus seeks clear regulatory frameworks to position the U.S. as a crypto leader.
The U.S. House of Representatives established the Congressional Crypto Caucus, founded by Representatives Ritchie Torres and Tom Emmer. The March 3rd, 2025, bipartisan announcement established this initiative to help develop policies that encourage digital assets and blockchain technology. Through its efforts, the caucus acts to solidify American dominance in the rapidly developing cryptocurrency market worth over $3 trillion.
Torres shared the news on his X account, while Emmer’s office released a statement detailing the group’s objectives. The caucus seeks to function as one cohesive group that supports legislation dealing with digital assets. The legislative movement follows lawmakers’ increasing interest in regulation, demonstrating their transition toward disciplinary oversight of the digital assets sector.
Legislative Focus on Digital Assets
Legislators on the Congressional Crypto Caucus have chosen to advance bills addressing stablecoins and market structure improvements. Representatives French Hill and Bryan Steil presented draft legislation to control dollar-pegged stablecoins through the House on February 7. Representative Maxine Waters has backed the stablecoin bill proposed in 2024. The established push seeks to develop specific regulatory frameworks for electronic stable currency systems.
Meanwhile, Steil has indicated that a revised version of the FIT21 bill, passed by the House in 2024, may soon emerge. This market structure bill aims to enhance regulatory frameworks for the broader market. Emmer’s office emphasized that the caucus will mobilize support for these initiatives, responding to public demand for innovation-friendly policies. The Senate Banking Committee also prepares to review Senator Bill Hagerty’s GENIUS Act next week, signaling parallel efforts in Congress.
Bridging Partisan Gaps for Crypto Innovation
Torres and Emmer bring distinct perspectives to the caucus, uniting Democrats and Republicans in a shared goal. Torres has consistently advocated for digital assets, notably backing FIT21 to protect consumers and foster innovation. Emmer, the House Majority Whip, has emphasized aligning digital assets policies with American values, especially under President Donald Trump’s administration. Trump recently directed his Working Group on Digital Assets to include major cryptocurrencies like Bitcoin and Ethereum in a strategic reserve.
The new Crypto Alliance stands apart from the previous Blockchain Caucus initiated in 2017 because of its bipartisan work approach. The Crypto Caucus works toward resolving political conflicts so it can achieve significant outcomes.
