crypto, House and Republican
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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.
"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.
Bitcoin reached all-time high above $123,000 as lawmakers prepare crypto regulatory bills during "Crypto Week," following Trump's pledge to make the U.S. a "bitcoin superpower."
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.
House lawmakers passed the most significant crypto legislation to date while grappling with a trio of bills aimed at revamping the nascent industry after a revolt from GOP hardliners derailed a
President Trump signed into law a bill that establishes the first federal framework for dollar-backed stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,
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Stocks tied to crypto trading gained as well. Coinbase rose 4%, hitting an all-time intraday high surpassing its initial pop on its IPO date in 2021, and pacing for its fifth positive week in a row. Robinhood also added 4%. Ether treasury stock Bitmine Immersion continued its rally, jumping 12% Friday.
U.S.-listed crypto stocks jumped on Friday as bitcoin surged to a record high in the run-up to a landmark week that could cement policy wins for the crypto industry.Starting July 14, the House of Representatives will debate three major crypto bills that are likely to provide the industry the regulatory framework in the U.
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One in five of Trump’s closet allies hold significant cryptocurrency assets - Several cabinet members, including Vice President JD Vance and Treasury Secretary Scott Bessent, have all reported persona
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CNBC’s MacKenzie Sigalos reports on the technical and structural forces behind bitcoin’s rally to new all-time highs — including a massive short squeeze, growing institutional adoption and fresh momentum out of Washington as lawmakers take up a slate of pro-crypto bills.