House passes historic crypto bill, GENIUS Act
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These assets tend to rally in tandem with ETH during periods of rising market confidence, especially when capital flows into Ethereum Layer 1s and older majors in search of beta.
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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.
If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.
Key Points During "Crypto Week" starting July 14, Congress will review two key pieces of crypto legislation.The Genius Act will set the rules of the road for stablecoins, which are already a $250 billion industry.
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
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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 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.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.