Senate Files 100+ Amendments to Crypto Bill
US Senate Banking Committee members filed over 100 amendments to a crypto market structure bill ahead of Thursday markup. Meanwhile, CertiK reports North Korea-linked hackers stole $2.06 billion of the $3.4 billion lost to crypto hacks in 2025.
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US Senate Banking Committee members filed more than 100 amendments to a crypto market structure bill set for markup on Thursday, according to a POLITICO report on Tuesday, May 12, 2026. The specific details of each amendment remain unclear, though some address issues the committee has prioritized for months, including stablecoin yield regulations and crypto software developer protections. Senators continue pushing for an ethics provision to build bipartisan support for a Senate floor vote. In separate crypto security developments, blockchain security firm CertiK released findings showing North Korea-linked hackers were responsible for stealing approximately $2.06 billion of the $3.4 billion lost to crypto hacks during 2025. The revelation highlights ongoing state-sponsored threats to the digital asset ecosystem. Major cryptocurrencies showed mixed performance, with Bitcoin trading at $80,542 (up 0.74%), Ethereum at $2,281 (up 2.33%), and Solana at $94.64 (up 0.66%). Other notable movers included Dogecoin at $0.1087 (up 1.31%) and Ripple at $1.44 (up 0.71%). The legislative activity suggests heightened Congressional attention to crypto regulation, particularly around stablecoin frameworks and developer safeguards. The volume of amendments signals ongoing debate over regulatory approach. Not financial advice.
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