House Passes Crypto Bills
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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
The House of Representatives passed the GENIUS Act, making it the first major piece of federal legislation to regulate stablecoins.
Coinbase's stock surges to a new all-time high after the GENIUS Act vote and Base App rebrand.SEC Chair Paul Atkins supports regulatory cha
The Republican-controlled U.S. House of Representatives cleared key procedural hurdles on crypto legislation on Wednesday, a day after President Donald Trump intervened to save the initiative, paving the way for the first federal law for digital assets.
As the Genius Act lands on the president’s desk, the California lawmaker says she’s concerned that “the rug will be pulled out from under the unsuspecting investors.”
The second attempt to advance a pair of crypto bills came after President Donald Trump intervened on Tuesday evening to get the hold-outs on board.
United States Congressional lawmakers debate key pieces of crypto regulatory bills on the floor of the House of Representatives.
Crypto Week has seen U.S. lawmakers advance three key crypto bills, indicating a shift toward clear rules for stablecoins, tokens, and CBDCs.