House passes historic crypto bill, GENIUS Act
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.
The US House of Representatives passed three crypto-related bills, including the GENIUS Act. The bills were sent to President Trump's desk after passing both chambers of Congress, marking a major milestone in the legalization of crypto.
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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.
If passed, the Crypto Week legislation could lead to new ways to use the currencies, corporate adoption, and institutional investment.
Ripple CEO Brad Garlinghouse compares the passing of the GENIUS Act to that of the historic 2010 Dodd-Frank Act.
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The U.S. House of Representatives passed the Genius Act, creating a regulatory framework for stablecoins, and sent it to President Trump for approval. This development boosts the digital asset industry by promising regulatory clarity and consumer protection while reinforcing U.
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