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Crypto Market Gets Major Win as Congress Passes Stablecoin Bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in everyday finance.
Crypto Industry Reaches Milestone With Passage of First Major Bill
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
Ether takes crypto spotlight as Congress passes historic stablecoin bill
On Thursday, the House passed a bundle of crypto bills, sending one, the stablecoin legislation known as the GENIUS Act, to President Trump's desk. It is expected to be sign into law Friday afternoon and become the first ever piece of major crypto legislation in the U.S.
House passes three crypto bills with varying Democratic support
House passage of the measures marks a breakthrough for the digital assets sector and sends one of the bills to President Donald Trump.
Intelligencer on MSN1d
Congress Just Injected Crypto Directly Into the Most Stable Part of the Economy
There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that is what a handful of experts fear could happen now that Congress has passed the GENIUS Act, a major piece of crypto legislation.
Trump signs landmark crypto bill. Here’s what it could mean for Black Americans
The GENIUS Act could open up alternative pathways for financial investments for Black Americans, who disproportionately invest in crypto.
Trump signs first major crypto bill, the GENIUS Act, into law
In a landmark victory for the crypto industry, President Donald Trump signed the GENIUS Act into law, establishing a regulatory framework for a type of digital currency known as stablecoins.
House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.
Coinbase, Robinhood stocks hit all-time highs as Trump set to sign key legislation
Coinbase and Robinhood are among the leading trading platforms listing cryptocurrencies. The Coinbase (Nasdaq: COIN) stock hit an all-time high (ATH) of $444.64 within a few minutes of the market opening hours on July 18. The stock has been hitting record highs of late, thanks to the progress on key crypto bills in the U.S. Congress.
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