Trump signs 1st major crypto bill, GENIUS Act
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Stablecoins get a big boost
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House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”
Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.
Charles Schwab CEO Rick Wurster said in an interview on Friday that the company plans to launch Bitcoin (BTC) and Ethereum (ETH) trading in a bid to compete with crypto exchange Coinbase. The move comes as President Donald Trump signed the GENIUS bill into law, confirming the first crypto legislation in the US.
Eaglebrook Advisors' CEO Chris King expects his crypto SMA investing firm to jump from managing nearly $400 million to $1 billion over the next 12 months, as president Donald Trump signs the GENIUS Act and Bitcoin comes off new all-time highs.
Some industry watchers point to an imminent Bitcoin correction, despite US lawmakers passing three key bills to provide more clarity for the cryptocurrency industry.
The largest would-be profiteer, if they even exist, could be worth $135 billion. But plenty of others including the president enjoyed a nice boost.
The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,