Here’s what happened in crypto today
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">Today in crypto, BlackRock is reportedly seeking to acquire a 10% stake in Circle ahead of its IPO. GameStop has announced its first investment in Bitcoin, and US Representative Bryan Steil told Cointelegraph that crypto legislation should remain free of unrelated policy provisions.BlackRock eyes 10% stake in Circle's IPO — ReportBlackRock is reportedly https://cointelegraph.com/news/blackrock-eyes-10-stake-in-circle-ipo
into two key crypto bills, claiming that doing so is slowing the implementation of a regulatory framework for the industry.“Individuals, when they see legislation that’s going to move forward, want to attach non-germane items to any bill that’s going to move through and be signed into law,” Steil, chair of the House Financial Services Subcommittee on crypto, told Cointelegraph at the Bitcoin 2025 conference in Las Vegas.“We have to restrain ourselves from that instinct and attempt by our colleagues — both sides of the aisle,” he added.Crypto backers in Congress hope to pass stablecoin and market structure bills before a month-long August recess, which was hampered by Democrats who pulled support for the stablecoin bill earlier in May over concerns about President Donald Trump’s crypto ventures.Steil argued the concerns related to Trump aren’t relevant to the bills, and the “text is focused on putting forward a regulatory framework in which we can enforce actions to strengthen this broader market.”
