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GENIUS Act is enacted as Trump signs cryptocurrency regulations

GENIUS Act is enacted as Trump signs cryptocurrency regulations

Trump Signs Groundbreaking Stubcoin Law President Donald Trump signed a new law on Friday aimed at establishing federal regulations for digital currencies, particularly focusing on stablecoins, which are intended to offer price stability by being linked to stable assets like gold or the US dollar. Before the bill was signed, Trump reminded everyone of his […]

Trump to sign significant crypto legislation, the GENIUS Act, during a White House event.

Trump to sign significant crypto legislation, the GENIUS Act, during a White House event.

Trump to Sign Cryptocurrency Regulation Bill Washington – President Trump is set to sign a significant bill regulating cryptocurrency on Friday, following its passage in the House, despite some conservative opposition. The legislation, dubbed the Genius Act, marks a key step in establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins are seen […]

Republican presents BIDEN Act to prohibit autopen use for certain presidential signatures

Republican presents BIDEN Act to prohibit autopen use for certain presidential signatures

New Bill Introduced to Limit Presidential Use of Autopen Representative Addison McDowell from North Carolina has proposed legislation stating that attractive bills, executive orders, pardons, and commutations can only be authorized by the president. The bill also specifies that autopen devices are prohibited for this purpose. This legislation is formally titled the “Inkless Directive and […]

Sanders Proposes “Pensions for All Act” to Guarantee Retirement for Workers

Sanders Proposes “Pensions for All Act” to Guarantee Retirement for Workers

Senator Bernie Sanders Tackles Retirement Concerns with New Pension Bill Currently, only 9% of Americans have pensions, a stark decline from 44% in 1975. This dramatic shift is part of what Senator Bernie Sanders (I-VT) refers to as the “retirement crisis” in the U.S. On Thursday, Sanders introduced a new pension bill designed to guarantee […]

Trump’s Endorsement of the GENIUS Act Boosts Bitcoin and Crypto Stocks After a Small Setback

Trump's Endorsement of the GENIUS Act Boosts Bitcoin and Crypto Stocks After a Small Setback

Trump Pushes for Genius Act Amid Crypto Market Movements President Donald Trump expressed optimism about overcoming significant procedural challenges on Wednesday, following a setback with the stubcoin bill the day prior. Bitcoin’s value has surged past $119,000, while shares of cryptocurrency companies like Circle and Coinbase have seen gains in recent trade. Trump mentioned that […]

Heritage Action Important Votes Support Tom Emmer’s Act Against CBDC Surveillance

Heritage Action Important Votes Support Tom Emmer's Act Against CBDC Surveillance

Heritage Action for America’s Legislative Vote Announcement Heritage Action for America has highlighted the fifth critical vote for this legislative session. According to their statements, “The Central Bank Digital Currency (CBDC) represents another method of government control that increases federal authority and drives inflation in the U.S. Heritage Action has persistently opposed the CBDC, as […]

Seven House Republicans stop GENIUS Act with Epstein documents amendment, as MTG claims it would give Democrats control over the House floor.

Seven House Republicans stop GENIUS Act with Epstein documents amendment, as MTG claims it would give Democrats control over the House floor.

House Votes on Defense Budget and Cryptography Bills The House recently voted on the Procedural Rules and the Defense Budget Bill, which set the stage for discussions around the Discussion and Genius Act, including two key cryptography measures: the Clarity Act and the Anti-CBDC Observation National Act. While the House aimed to advance these measures, […]

John Czwartacki: Giving Up on Open Banking Now Would Diminish the Promise of the Genius Act

John Czwartacki: Giving Up on Open Banking Now Would Diminish the Promise of the Genius Act

The Genius Act and the Importance of Open Banking The recent bipartisan approval of the Genius Act aims to secure the US dollar’s position in the evolving digital economy. It focuses on fostering American financial innovation, closing regulatory gaps, protecting consumers, and setting a clear regulatory framework. However, there’s a significant challenge ahead. If robust […]