Crypto, Back on Track and House
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Crypto week,” the legislative bonanza in DC, is being treated like a victory lap by some, and causing others to research subsistence farming in case the global economy collapses as a result (Not kidding.
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
It was a remarkable win for the crypto industry — and for President Trump, who campaigned on making the country "the crypto capital of the planet."
"Crypto Week" kicks off in the U.S. as lawmakers debate key bills that could reshape digital asset regulation. Here’s what the legislation means for Bitcoin, investors, and the future of crypto in America.
Crypto may have become part of many portfolios, but few of us use digital assets on a regular basis. Recent Motley Fool research shows that more than one in five Americans own crypto, but around a quarter of them have limited understanding of how it works. That needs to change.
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On today's episode of CNBC Crypto World, bitcoin trades flat while ether and XRP rise. Plus, Coinbase announces an 'everything app' to replace the Coinbase Wallet. And, Rep. Bryan Steil (R-Wisc.) discusses the House's plans to pass crypto regulation bills after an hours-long delay.
The crypto industry will take a step closer to going mainstream this week as a series of industry-friendly bills progress through Congress, paving the way for digital assets to potentially be further integrated into traditional finance.
Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.