House, GENIUS and Trump
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31mon MSN
President Donald Trump is signing the GENIUS Act, which will regulate stablecoin cryptocurrencies, whose values are pegged to the U.S. dollar, at around 2:30 p.m. Friday. TRUMP STRIKES DEAL WITH GOP HOLDOUTS ON GENIUS ACT DURING ‘CRYPTO WEEK’ Trump needed to convince about a dozen Republicans to vote for the bill after they stalled it
Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”
Crypto Week brings BTC price rally to $123k ATH and altcoins like ETH, XRP, ADA, DOGE, TRUMP, and others skyrocketing. Learn why.
2don MSN
President Donald Trump announced Tuesday evening that he reached a deal with Republican lawmakers to move a cryptocurrency bill forward in the House. Earlier that day, a dozen Republicans, among them House Freedom Caucus members and Rep.
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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.
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
One of the bills, known as the Genius Act, would set up oversight of stablecoins, a popular crypto asset typically pegged to a government currency such as the U.S. dollar. That peg keeps their price steady, making them attractive to traders looking for a store of value while they buy and sell more volatile cryptocurrencies.
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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.