crypto, GENIUS Act and House of Representatives
Digest more
Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.
1don 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.
The Genius Act passed in the House by a 308-122 vote after it was passed in the Senate last month with broad bipartisan support. The landmark legislation lays out the rules of the road for the $250 billion market for stablecoin,
Donald Trump is reportedly exploring ways to allow cryptocurrencies like Bitcoin into U.S. retirement accounts, including 401(k)s and IRAs, according to the Financial Times.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
The Republican-controlled U.S. House of Representatives cleared a key procedural hurdle Wednesday, setting the stage for likely passage of several cryptocurrency bills a day after President Donald Trump intervened to save the initiative.