Conservative crypto rebellion breaks
Digest more
Key Points During "Crypto Week" starting July 14, Congress will review two key pieces of crypto legislation.The Genius Act will set the rules of the road for stablecoins, which are already a $250 billion industry.
If passed, the Crypto Week legislation could lead to new ways to use the currencies, corporate adoption, and institutional investment.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
23hon MSN
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.
1d
Axios on MSNHouse GOP revolt slams breaks on GENIUS ActA group of right-wing House Republicans dealt a setback Tuesday to President Trump and GOP leaders' efforts to send legislation establishing the first-ever regulatory framework for stablecoin issuers to Trump for his signature.
GENIUS Act, Anti-CBDC Act, and CLARITY Act pass procedural vote 215-211 in Congress after Trump's Oval Office intervention.
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
1hon MSN
Adrienne Harris, New York Department of Financial Services Superintendent, joins 'Squawk Box' to discuss the importance of passing crypto legislation on the federal level, details of the GENIUS Act, and more.
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
Zack Shapiro, head of policy at the Bitcoin Policy Institute, breaks down the three crypto-related bills currently sitting in the U.S. House of Representatives.