News with the tag "U.S. Congress"

President Donald Trump signed the GENIUS Act into law, a significant legislative win for crypto policy proponents, aimed at guiding and establishing national innovation for U.S. stablecoins.

Representative Maxine Waters warns that GOP crypto bills could lead to America's first crypto financial crisis by lacking proper regulations and enabling corruption.

The U.S. House of Representatives is preparing to vote on key crypto-related bills, including the Digital Asset Market Clarity Act and the GENIUS Act, which could significantly advance crypto regulation and stablecoin oversight.

Three leading crypto trade groups are urging Congress to pass the CLARITY Act, which would shift crypto regulatory responsibility from the SEC to the CFTC, aiming to foster U.S. leadership in digital assets.

Democratic lawmakers Maxine Waters and Stephen Lynch announced 'Anti-Crypto Corruption Week' to oppose Republican-led crypto legislation, criticizing it as dangerous and linked to Donald Trump's crypto ventures.

Senator Tim Scott emphasizes the need for accelerated crypto legislation in the U.S. to avoid falling behind global competitors, while Senator Elizabeth Warren warns against creating regulatory loopholes favoring the crypto industry.

Donald Trump criticized Elon Musk as a 'train wreck' on Truth Social, highlighting their growing political rift after Musk proposed forming a new political party and criticized Trump's policies.

The U.S. House of Representatives may vote on two crypto-related bills, the GENIUS Act and the CLARITY Act, as early as next week, marking a significant step toward establishing a regulatory framework for digital assets in the U.S.