Stablecoins are shaking up the financial world. These digital currencies, tied to real-world assets like the dollar, are gaining attention. Recently, the GENIUS Act was signed into law. This act could change how we use stablecoins. Wall Street has been slow to accept cryptocurrencies. But stablecoi
Circle Internet Group, the company behind the popular USDC stablecoin, is facing some tough times. A big change in the crypto world has left its stock in a tricky spot. President Donald Trump recently signed a new law called the GENIUS Act. This law is all about regulating stablecoins, which are dig
Cryptocurrencies saw a significant surge during what was dubbed "Crypto Week" by House Republicans. This week was marked by the approval of several pro-crypto bills, which seemed to give a confidence boost to the market. Ethereum, for instance, hit a six-month high on Friday, climbing up to $3, 675.
In a significant move, the House of Representatives has approved three bills aimed at regulating the cryptocurrency industry, with one of them now heading to President Donald Trump's desk. The bills are part of Trump's push to establish the U. S. as a global leader in crypto. The first bill, which
President Donald Trump has put his signature on a new law that's set to shake up the crypto world. This law, called the GENIUS Act, is all about making sure people feel safe when they're dealing with stablecoins. These are a type of cryptocurrency that's tied to things like the U. S. dollar, so they
The US House made a big move on Thursday. They passed a law about stablecoins, a type of cryptocurrency. This law is the first of its kind. It aims to control how stablecoins work in the US. The vote was 308 to 122. Stablecoins are different from other cryptocurrencies. Their value is tied to somet
The crypto market reached a new high, crossing $4 trillion, while traditional stocks remained mostly unchanged. This surge happened after Congress approved a major bill for digital assets. The S&P 500 and Nasdaq saw small gains, but the Dow Jones dipped slightly. On Thursday, the House passed three
President Donald Trump's recent tax bill, a massive 900-page document, has left a trail of winners and losers. While the bill includes tax cuts for the wealthy and increased funding for immigration enforcement, it also contains some surprising perks for specific industries. Private jet owners, for e
In a surprising turn of events, a planned "crypto week" in the House of Representatives hit a snag. A group of Republicans joined forces with Democrats to block a procedural vote, preventing three cryptocurrency bills from advancing. This unexpected move caught many off guard, including President Do
House Republicans recently shook things up by voting against a key procedural measure. This vote was meant to advance several bills related to cryptocurrency and a Defense Department funding bill. The move caught many off guard, especially since it was supposed to be a big week for crypto under Pres
