Donald Trump, crypto and Republicans
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After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump said late Tuesday he has made a deal with Republican members of Congress to advance the legislation on Wednesday.
Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on Wednesday to make them tradeable, paving the way for their wide sale and purchase -- potentially boosting the value of the president's holdings of them.
After a failed House vote, Trump says 11 of 12 key lawmakers now back advancing the GENIUS Act. One day after the U.S. House failed to advance a key crypto legislative proposal, President Donald Trump announced on Truth Social that 11 of the 12 key lawmakers needed to support the GENIUS Act have now agreed to support the rule to advance the bill.
Donald Trump has made it clear he wants Republicans on the hill to rubber stamp the crypto bills on Capitol Hill this week - so why are some in the GOP holding it up? Plus - according to new reporting from Bloomberg,
By Hannah Lang, Elizabeth Howcroft, Michelle Conlin and Medha Singh NEW YORK (Reuters) -Crypto exchange Coinbase assures users on its website that it puts any new digital coin through "rigorous" vetting before allowing it to trade.
Donald Trump linked that DeFi project WLFI's native token might become tradable soon. The US President's crypto fortune slumped despite the new optimism. Donald Trump’s
Republicans who voted against the cryptocurrency regulation legislation objected to how the bills were structured.
The president’s social media company is undergoing its own metamorphosis, becoming a major player in the crypto industry.