House passes historic crypto bill, GENIUS Act
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Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.
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Investor's Business Daily on MSNCrypto Week: Is Congress About To Create A U.S. Shadow Banking Sector?The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.
The House took a record nine hours to vote to advance the legislation Wednesday as Republican leaders negotiated with conservative holdouts who blocked the trio of bills.
A day after President Donald Trump claimed a deal was reached with GOP holdouts, the House was yet again locked in a standstill over moving forward on a trio of crypto bills -- breaking a record for the longest House vote in recent history.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
"Crypto Week" kicks off in the U.S. as lawmakers debate key bills that could reshape digital asset regulation. Here’s what the legislation means for Bitcoin, investors, and the future of crypto in America.