Bitcoin Is Lost In Washington, and Nobody Is Looking for It

Bitcoin may be the most famous cryptocurrency on the planet, but in Washington, it’s suddenly the ghost at the party. This week, lawmakers passed the GENIUS Act, the first-ever U.S. law focused entirely on cryptocurrency. It sets clear federal rules for stablecoins, the digital tokens pegged to the U.S. dollar and used for instant payments. For the first time, crypto has a legal foundation in America. But here’s the twist: the bill doesn’t mention Bitcoin. And that silence speaks volumes. For more than a decade, Bitcoin dominated every conversation about...