Stablecoin Legislation Suffers Severe Blow as GENIUS Act Fails to Pass Key Senate Vote
The GENIUS Act failed a key Senate vote Thursday, leaving the future of the stablecoin bill and other crypto legislation in question. Source link
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Senate Nears Deal on Stablecoin Bill as Lawmakers Race Against the Clock
A group of pro-crypto Democrats appears close to supporting the GENIUS Act once more. The stablecoin bill could face a vote as soon as tomorrow....
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House Democrats Walk Out on Digital Assets Hearing Over ‘Trump’s Crypto Corruption’
A hearing meant to discuss crypto legislation devolved into a tense shouting match Tuesday, underscoring new threats to bipartisan support for industry-related bills. Source link
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New House Market Structure Bill Would End SEC Oversight of Crypto’s Top Coins
A new draft of the legislation appears to exempt most top crypto assets from SEC oversight. Democrats plan to walk out of a House session...
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UK Regulator Proposes Ban on Buying Crypto With Credit Cards
The UK’s financial regulator is considering a ban on buying crypto with credit, and also mulling outlawing crypto lending and borrowing platforms. Source link
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Tether Reports Q1 Profit Above $1 Billion, Down From 2024 Amid Bitcoin Yield Decline
Stablecoin giant Tether says it now holds nearly $120 billion worth of direct and indirect exposure to U.S. Treasuries. Source link
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Story of Man Who Lost $750 Million Worth of Bitcoin in Landfill Headed to Hollywood
An L.A. production company will tell the story of James Howells, who believes his hard drive with $750 million in Bitcoin is buried in a...
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SEC Chair Paul Akins Slams Gensler Regime for ‘Stifling’ Crypto Innovation
Overhauling the SEC’s crypto policies was the sole subject of the new agency chair’s first address in office. Source link
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Federal Reserve Withdraws Crypto Rules for Banks, Ending ‘Choke Point’ Practices
The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution. Source link
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Why America’s Biggest Crypto Company Is Trying to Stop a Pro-Crypto Bill From Passing
Coinbase is asking lawmakers to pause on passing a standalone stablecoin bill that could see a vote in weeks, causing tensions within the crypto industry....
