Stablecoins are shaking up the financial world. These digital currencies, tied to real-world assets like the dollar, are gaining attention. Recently, the GENIUS Act was signed into law. This act could change how we use stablecoins. Wall Street has been slow to accept cryptocurrencies. But stablecoins are different. They offer stability and ease of use. This makes th...
Circle Internet Group, the company behind the popular USDC stablecoin, is facing some tough times. A big change in the crypto world has left its stock in a tricky spot. President Donald Trump recently signed a new law called the GENIUS Act. This law is all about regulating stablecoins, which are digital currencies tied to real-world assets. While this law is good new...
Cryptocurrencies saw a significant surge during what was dubbed "Crypto Week" by House Republicans. This week was marked by the approval of several pro-crypto bills, which seemed to give a confidence boost to the market. Ethereum, for instance, hit a six-month high on Friday, climbing up to $3, 675. 60. This wasn't an isolated case; other cryptocurrencies like XRP, B...
In a significant move, the House of Representatives has approved three bills aimed at regulating the cryptocurrency industry, with one of them now heading to President Donald Trump's desk. The bills are part of Trump's push to establish the U. S. as a global leader in crypto. The first bill, which focuses on stablecoins, has already gained bipartisan support in the ...
President Donald Trump has put his signature on a new law that's set to shake up the crypto world. This law, called the GENIUS Act, is all about making sure people feel safe when they're dealing with stablecoins. These are a type of cryptocurrency that's tied to things like the U. S. dollar, so they don't go up and down in value as much as other cryptocurrencies. Th...
The US House made a big move on Thursday. They passed a law about stablecoins, a type of cryptocurrency. This law is the first of its kind. It aims to control how stablecoins work in the US. The vote was 308 to 122. Stablecoins are different from other cryptocurrencies. Their value is tied to something steady, like the US dollar. This makes them less likely to chang...
The crypto market reached a new high, crossing $4 trillion, while traditional stocks remained mostly unchanged. This surge happened after Congress approved a major bill for digital assets. The S&P 500 and Nasdaq saw small gains, but the Dow Jones dipped slightly. On Thursday, the House passed three crypto-related bills. Two of these bills moved to the Senate for fur...
President Donald Trump's recent tax bill, a massive 900-page document, has left a trail of winners and losers. While the bill includes tax cuts for the wealthy and increased funding for immigration enforcement, it also contains some surprising perks for specific industries. Private jet owners, for example, can now deduct the full cost of their aircraft in the first y...
In a surprising turn of events, a planned "crypto week" in the House of Representatives hit a snag. A group of Republicans joined forces with Democrats to block a procedural vote, preventing three cryptocurrency bills from advancing. This unexpected move caught many off guard, including President Donald Trump, who had been pushing hard for the bills' passage. The st...
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 President Trump's agenda. Out of 223 votes in favor, 196 were against, w...