Trump set to sign landmark crypto bill
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The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
The bill, known as the GENIUS Act, is the first major crypto legislation ever passed by Congress. It now heads to President Trump's desk. It passed in a bipartisan vote of 308 to
Coinbase Stock and Robinhood Rise After Crypto Bill Victory. MicroStrategy and Block Also on the Move. Shares of Coinbase Global and Robinhood Markets rallied Friday on the heels of a regulatory win that could usher in the wider adoption of cryptocurrencies in the U.S.
ABC News' Jay O'Brien reports on the first major federal laws governing cryptocurrency. Vlad Tenev, CEO of online broker Robinhood, discusses the impact on the financial markets.
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Galaxy is expanding aggressively to meet surging demand and remain competitive as more investors flood into the cryptocurrency sector, the company’s global head of asset management said.
The US crypto industry is celebrating as Congress passed three major bills in its “Crypto Week” legislative bonanza.
Most entities now considering tapping into stablecoins amid the GENIUS Act’s passage say they would first use them for largely “back-end” purposes, like reducing fees paid by merchants to credit card companies or more easily converting currencies from cross-border payments.