• Members of Congress are forming a bicameral committee to develop a regulatory framework for crypto. 
• The top priorities for the committee include the formation of stablecoin regulations and a look into the possibility of a Bitcoin reserve. 
• Commissioner Hester Peirce, the newly appointed crypto task force head, listed upcoming changes to the SEC’s regulatory oversight on crypto.

In a press conference on Tuesday, several government heads met to discuss the next steps in the journey for a better crypto environment in the US, which involves the creation of a bicameral committee and the establishment of stablecoin regulations for