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 somet
In a surprising turn of events, Sarepta Therapeutics has chosen to defy the FDA's request to stop distributing its gene therapy drug, Elevidys. This decision comes after three patient deaths linked to the treatment. The FDA has expressed serious concerns about the safety of the drug and has asked Sa
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
Ether, the second-largest cryptocurrency, had a strong week. It reached its highest price since January, trading at around $3, 506. 48. This surge came as President Donald Trump signed the GENIUS Act into law, a big deal for the crypto world. Ether's rise was notable because it outperformed bitcoin
In a major move, the President has just signed the GENIUS Act into law. This new legislation is a big deal for the crypto world, especially for stablecoins. Stablecoins are a type of cryptocurrency that are less risky because their value is tied to real assets, like the U. S. dollar. The GENIUS Act
In a surprising turn of events, several cryptocurrency regulation bills supported by former President Donald Trump faced a setback in the House of Representatives. The bills did not gain enough support to proceed to the next stage, with a vote tally of 196 in favor and 223 against. This outcome was
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 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
Big changes are coming to your favorite ice cream brands. Many companies that make ice cream in the U. S. have promised to stop using artificial dyes. They plan to do this by 2028. This move comes after pressure from health officials who worry about the effects of these dyes. About 40 ice cream mak
The Consumer Financial Protection Bureau (CFPB), once a fierce protector of consumers' financial rights, now sits idle. Employees describe a surreal work environment where they are paid but forbidden to do their jobs. The bureau, tasked with overseeing banks and financial services, has been effectiv
