Trump Hails GENIUS Act As The Key To US Digital Asset Supremacy
US President Donald Trump has thrown his weight behind the Senate’s stablecoin bill, calling it “pure GENIUS” and urging the House to pass it “lightning fast.” Related Reading: E‑Commerce Meets Crypto: China’s Digital Marketplace Eyes Stablecoin For Faster Payments According to his Truth Social post, the Senate “just passed an incredible Bill” that will make […]
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The US Treasury Department is putting the GENIUS Act into action with a 60-day comment period to gather ideas on detecting illicit crypto activity. By establishing a stablecoin framework and seeking input, the Treasury is working to shape the Web3 sector. Under Trump, their ultimate ambition is to bolster crypto innovation safely. Such regulatory clarity […]
United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” Related Reading: Crypto Founder Warns: Skipping XRP Could Be The Real Risk The bill – the Guiding and Establishing National Innovation for US Stablecoins Act – has been […]
The Senate revived the GENIUS bill on Monday, after a procedural vote put the bill on track to receive the green light. Altcoins like Best Wallet Token could catch steam as a result. GENIUS was initially rejected by the democrats two weeks ago due to concerns relating to Donald Trump’s ‘crypto dealings.’ Dem Senator, Elisabeth […]
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Known for her pro-crypto stance, Melania Trump, the wife of former U.S. President Donald Trump, has sold one of her many NFTs. However, according to blockchain data, the digital token was sold to the asset’s creators rather than the buyer. The NFT appears to be a part of the “Head of State Collection, 2022,” according to […]