The Powers That Be: Daily Sen. Moreno’s Stablecoin Solution
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Feb 7, 2026 Bernie Moreno, Republican senator from Ohio and former auto-retail entrepreneur turned blockchain founder, discusses stablecoin regulation, why a market-structure bill stalled, and banks' objections to stablecoin yields. He also talks about US leadership in digital finance, ethics around presidential family businesses, and the political hurdles to extending ACA subsidies.
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From Car Titles To Crypto Company
- Bernie Moreno described building a blockchain car-title company after a three-hour conversation that convinced him of the tech's promise.
- He sold the company later and emphasized how regulatory fixes in D.C. enabled its commercial viability.
Revisitings Undermine Regulatory Certainty
- Moreno argues revisiting provisions of the Genius Act during market-structure talks undermines regulatory certainty for builders and investors.
- He says market-structure clarity should be the priority because it covers most of crypto's practical needs.
Finish Market Structure First
- Move past yield fights and finish market-structure legislation to provide predictable rules for industry growth.
- Use existing regulatory rulemaking (OCC, Fed) to respond if unintended deposit shifts occur, not paralysis in Congress.