First Crypto Bill Vote Fails to Get 100% Republican Support Despite Trump’s Call

First crypto bill vote fails to get 100% Republican support despite Trump’s call

Donald Trump ordered all Republicans to support the GENIUS stablecoin bill on Tuesday, likely as part of a House resolution to consider four pieces of legislation.

Stablecoin Growth Accelerates: $235B Market Cap Reflects Rising Crypto Liquidity

Stablecoins have emerged as the fastest-growing sector in the crypto market since the beginning of this cycle, playing a critical role in driving liquidity, market stability, and cross-border transactions. Their explosive growth has now placed them at the center of regulatory discussions, especially during this week’s highly anticipated “Crypto Week” in Washington. US lawmakers are currently reviewing the Genius Act, a pivotal bill aimed at defi…

Michael Roberts - Crypto corruption and un-Stablecoins - Brave New Europe

Rather than replacing state-backed money, the US state and big finance are now engorged in cryptocurrencies as a new asset class. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Picture by Edwin.images “Bitcoin is a speculation and not an investment. Not regulated, not backed by any asset, only worth what someone is willing to pay.” — Matthew Stephenson “It’s totally absolutel…

The Stablecoin Bill Could Solve One Problem Only to Create Another

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Historic House Crypto Week to Debate Landmark Stablecoin Bill

The cryptocurrency industry stands on the precipice of a historic moment as the U.S. House of Representatives launches what has been dubbed “Crypto Week,” a pivotal series of legislative debates and votes set to shape the future of digital assets in America. This week, the House is poised to pass a landmark stablecoin regulatory bill, marking Congress’s first major foray into comprehensive digital asset legislation. According to Bloomberg, Repub…