Trump signs stablecoin bill into law
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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.”
The total market value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping US legislative push to regulate the sector.
The crypto sector's market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape.
2don MSN
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
Bitcoin flipped Amazon to become the fifth-largest global asset, fueled by investor excitement for more regulatory clarity after “Crypto Week” in Washington.
Bitcoin reached all-time high above $123,000 as lawmakers prepare crypto regulatory bills during "Crypto Week," following Trump's pledge to make the U.S. a "bitcoin superpower."
Crypto firm Bitcoin Standard Treasury Company said on Thursday it is aiming to list on the Nasdaq, with over 30,000 bitcoin on its balance sheet, through a merger with a Cantor Fitzgerald-backed blank check vehicle.
It's a sharp turn from recent weeks, where excitement around bitcoin ETFs and hopes for a legislative breakthrough had driven the token to all-time highs. Crypto stocks didn't esc
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.