Crypto, Trump and House of Representatives
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President Trump signed the country's first major legislation aimed at regulating cryptocurrency on Friday, hailing "the exciting new frontier" for the technology.
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.
The US crypto industry is celebrating as Congress passed three major bills in its “Crypto Week” legislative bonanza.
Congress passed the first major crypto legislation in the U.S., marking a major milestone for the digital currency sector. And with President Trump's support, the industry plans to march on.
The push follows a failed procedural vote in the House on July 15, which would have allowed debate on three crypto-focuse
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President Donald Trump announced Tuesday evening that he reached a deal with Republican lawmakers to move a cryptocurrency bill forward in the House. Earlier that day, a dozen Republicans, among them House Freedom Caucus members and Rep.
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Investor's Business Daily on MSNTrump Steps In To Rescue Crypto Week Bills; Bitcoin Slides From PeakPresident Trump wrangles GOP to advance "Crypto Week" bills after failed vote. Bitcoin holds under $120k after sliding from record high.
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.