Senator Moreno Sets 90-Day Deadline for Crypto Bill

Senator Bernie Moreno gave lawmakers a 90-day deadline to pass comprehensive crypto market-structure legislation, saying it should be approved by the end of April 2026. He announced the timeline at the World Liberty Forum at Mar-a-Lago on February 18. Moreno emphasized urgency and warned Congress must act within the next 90 days to keep momentum.

He said the negotiation process had "taken years off my life" and insisted "have to get it done in the next 90 days." A key sticking point is whether stablecoin issuers may offer yield. Banks argue yield-bearing stablecoins could drain deposits from traditional finance, while crypto firms call such features essential to innovation.

Moreno vowed not to let banks reopen provisions already settled in the GENIUS Act, saying "We're not going to go back and revisit legislation that's already passed." Talks between banks and crypto stakeholders have made little progress recently, and a planned White House meeting to advance negotiations may be postponed.

United States, Mar-a-Lago

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