Trump, cryptocurrency and GENIUS Act
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The U.S. House of Representatives has passed the CLARITY Act, a landmark bill that defines whether cryptocurrencies are securities or commodities.
The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
On July 17, the US House passed the CLARITY Act; the bill is now heading to the Senate, where it faces a more complex path.
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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.
The U.S House of Representatives has passed the bill 'Clarity Act' seeking clarity for the creation of non-fungible token-based gaming coins.
Discover how the CLARITY Act could reshape US crypto regulation, define SEC and CFTC roles and impact investors, innovators and markets beyond Crypto Week.
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.
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.