House to vote on historic crypto bill
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Not all crypto-linked stocks were getting a boost. MicroStrategy, the world’s largest corporate holder of Bitcoin, was down 4.2% on Friday. Shares often follow fluctuations in the price of Bitcoin, which has fallen 1% over the past 24 hours to $117,726, according to CoinDesk.
President Donald Trump is slated Friday to sign the first major federal law governing cryptocurrency, a business that Trump's family have begun forging strong ties to and have promoted in recent years.
Movement on the crypto front at the federal level has the potential to usher in substantial change. Here's what it means for your portfolio.
Coinbase CLO Paul Grewal criticizes US state agencies for not acknowledging that CLARITY act excludes staking from securities laws.
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EGamers.io on MSNHouse Approves Crypto Market Clarity Bill After Political StandoffThe U.S. House of Representatives has passed the Digital Asset Market Clarity Act, a significant step toward regulating the cryptocurrency industry, following a tense internal battle within the Republican Party.
As prominent U.S. crypto insiders and Republicans in Congress push for industry unity on the House's Clarity Act, senators prepare to go their own way.
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During debate on the House floor, Rep. Angie Craig (D-MN) spoke in support of HR 3633, the Digital Asset Market Clarity Act, and raised concerns about President Trump's family involvement in digital assets.
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.