Trump says he has deal on crypto bill
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Crypto Week has spotlighted lawmakers as they advance the CLARITY, GENIUS and Anti-CBDC acts, promising clearer rules for digital assets.
Georgia Republican Representative Marjorie Taylor Greene invoked the Bible on Wednesday to declare her opposition to a landmark cryptocurrency bill, equating the legislation’s potential impact to the Biblical end of times.
Crypto may have become part of many portfolios, but few of us use digital assets on a regular basis. Recent Motley Fool research shows that more than one in five Americans own crypto, but around a quarter of them have limited understanding of how it works. That needs to change.
The crypto industry will take a step closer to going mainstream this week as a series of industry-friendly bills progress through Congress, paving the way for digital assets to potentially be further integrated into traditional finance.
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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U.S. Rep. Shri Thanedar's investment in cryptocurrency for his reelection campaign is paying off, contributing to a nearly $8 million war chest.
"These bills are a gift-wrapped invitation for Trump to continue his full-scale crypto con," warned Rep. Maxine Waters.
"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.