cryptocurrency, Trump and House of Representatives
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Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto entanglements.
A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.
Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.
The crypto industry has scored a historic win this week after the stablecoin bill was cleared by the U.S. House and set for President Donald Trump’s final approval into law. House lawmakers voted 308-122 to adopt the GENIUS Act.
The bill, known as the GENIUS Act, is the first major crypto legislation ever passed by Congress. It now heads to President Trump's desk. It passed in a bipartisan vote of 308 to
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Al Jazeera on MSNUS House sends crypto ‘GENIUS Act’ to Trump, in win for industry advocatesAdvocates hope House bills will bring decentralised currency into US mainstream as Trump pushes ‘crypto week’.
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Asianet Newsable on MSNCrypto Traders Appear To Be Shifting From USDT To USDC As US Prepares to Enact Stablecoin LawBlockchain data from Glassnode showed that on-chain value transferred using USDT dropped 20% in the last 24 hours, while USDC’s jumped by nearly 40%.
"Crypto Week" kicks off in the U.S. as lawmakers debate key bills that could reshape digital asset regulation. Here’s what the legislation means for Bitcoin, investors, and the future of crypto in America.