Trump says he has deal on crypto bill
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House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule
ABC News’ Morgan Norwood is joined by House Committee on Financial Services member Rep. William Timmons (R- S.C.) to discuss the newly signed law that would govern cryptocurrencies.
WLFI also announced on social media Wednesday that investors in its token voted to make the crypto tradable on public exchanges. Sludge reported that "the decision could boost the token's price and directly benefit President Trump and his family, who hold billions of the tokens and have already reaped hundreds of millions from its early sales."
The House floor was locked at a standstill Wednesday afternoon as a diverse array of House Republicans sparred over a trio of cryptocurrency bills and Speaker Mike Johnson (R-La.) searched for consensus to unfreeze the floor.
House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”
The GENIUS Act sets initial guardrails and consumer protections for stablecoins, which are tied to assets like the U.S. dollar to reduce price
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
Technology Technology The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House