Trump's vision for upgrading the U. S. payment system is in motion, but the finish line is still far off. The GENIUS Act, aimed at modernizing the outdated financial infrastructure, is a significant part of his plan. Trump has been vocal about his support for the crypto industry, praising its rapid
The world of money is changing fast, and stablecoins are at the forefront. These digital dollars are backed by real cash, making them stable and reliable. They're gaining popularity, especially in developing countries where traditional banking is lacking. Stablecoins are not just a trend; they're a
Crypto is getting a makeover thanks to new laws. These changes could shake up how we handle digital money. Let's break it down. First up, the GENIUS Act. This law allows companies to create stablecoins, which are like digital dollars. Big players are eyeing this, but there's a catch. Stablecoins do
House Republicans recently shook things up by voting against a key procedural measure. This vote was meant to advance several bills related to cryptocurrency and a Defense Department funding bill. The move caught many off guard, especially since it was supposed to be a big week for crypto under Pres
President Trump has finally taken action in the world of digital assets. But if you thought he was creating a Bitcoin stockpile, think again! His executive order, titled "Strengthening American Leadership In Digital Financial Technology, " doesn't do that. Instead, it revokes an order from the previ
President Trump just shook up the crypto world by forming a new working group. Led by ex-PayPal exec David Sacks, this team will review regulations for digital assets like cryptocurrencies and stablecoins. They'll also look into creating a national crypto stockpile. This comes right after the SEC la
