GENIUS Act, House and Trump
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Movement on the crypto front at the federal level has the potential to usher in substantial change. Here's what it means for your portfolio.
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Cryptopolitan on MSNUS lawmaker slams GENIUS Bill as CBDC trojan horseUS Congresswoman Marjorie Taylor Greene has warned starkly against the newly introduced GENIUS Act, which she fears will push a forced agenda in the US for a state-backed Central Bank Digital Currency (CBDC).
Trump says the U.S. will become the “Crypto Capital of the World” as he signs the GENIUS Act into law, marking a historic pivot in global financial leadership and digital dollar ambitions.
The main reason behind the pulled support was concerns regarding the lack of a “hard ban” on central bank digital currencies (CBDCs). “The GENIUS Act does not follow President Trump’s executive order because it does not ban a CBDC,” said Republican Marjorie Taylor Green in an X post.
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Cryptopolitan on MSNHouse Republicans failed a key vote to advance the GENIUS Act, stalling a major crypto legislative pushHouse Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,
In a decisive move for the future of Bitcoin and crypto in the United States, the House of Representatives has officially passed the Guiding and Establishing
Ga., on why she voted against the GENIUS Act: “The Federal Reserve has been planning a CBDC for years and this will open the door to move you to a cashless
The crypto market cap hit $4 trillion after the US House passed the GENIUS Act and two other key crypto bills with bipartisan support.
Many House Democrats sided with Republicans to pass three crypto bills on Thursday, despite criticism over Donald Trump’s ties to the crypto industry.