Crypto, stablecoin and Trump
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President Trump signed the country's first major legislation aimed at regulating cryptocurrency on Friday, hailing "the exciting new frontier" for the technology.
President Trump, who is rapidly expanding his fortunate by investing in crypto, has now signed the first major piece of crypto legislation into law.
The push follows a failed procedural vote in the House on July 15, which would have allowed debate on three crypto-focuse
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Investor's Business Daily on MSNTrump Steps In To Rescue Crypto Week Bills; Bitcoin Slides From PeakPresident Trump wrangles GOP to advance "Crypto Week" bills after failed vote. Bitcoin holds under $120k after sliding from record high.
Eaglebrook Advisors' CEO Chris King expects his crypto SMA investing firm to jump from managing nearly $400 million to $1 billion over the next 12 months, as president Donald Trump signs the GENIUS Act and Bitcoin comes off new all-time highs.
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
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Investor's Business Daily on MSNCrypto Week: Is Congress About To Create A U.S. Shadow Banking Sector?The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.
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.