Why Are 17 Billionaires Getting Ready for an Uncommon Crypto Event?
The Pro Trump News homepage updates with 60 new articles each day. Check it out. (Thank you for considering support for companies that offer sponsored messages and for making purchases through the link below, which helps Pro Trump News.) When billionaires across the globe invest in similar assets, they have to tread carefully. Today, we’re […]
Crypto Laws Show Anti-Crypto Forces Are Becoming Obsolete
Emmer Talks Crypto Legislation House Majority Whip Tom Emmer (R-MN) shared insights with Breitbart News on Thursday, stating that current pro-cryptocurrency laws indicate that the traditional anti-crypto mindset is fading away. During the interview, Emmer highlighted the imminent passage of three significant custody bills aimed at securing the US dollar’s dominance, establishing a clear regulatory […]
SEC postpones decision on in-kind redemptions for Bitwise crypto ETFs
The Securities and Exchange Commission (SEC) has pushed back its deadline for making decisions regarding the redemption of funds (ETFs) on two different crypto exchanges. As stated in a recent update, regulators are taking more time to determine whether to approve physical redemptions for Bitwise’s Bitcoin (BTC) and Ether (ETH) spot ETFs on NYSE ARCA. […]
House Republicans overcome a key step for crypto legislation, allowing debate to proceed.
Procedural Hurdles Cleared for Cryptocurrency Bill in House On Wednesday night, House Republicans moved past significant procedural challenges, paving the way for debate on a cryptocurrency bill that had stalled for two days. The chamber voted 217-212 to adopt the rules, with most GOP lawmakers who had previously opposed the efforts switching their votes. The […]
JPMorgan Chase is implementing a new fee system that could seriously harm crypto and fintech startups, executives caution.
Last month, JPMorgan Chase stirred the financial industry by announcing it would start charging fintechs for access to customer bank account data. This move has raised concerns among industry executives, who see it as a significant setback for the fintech sector, especially affecting early-stage startups and crypto companies. However, analysts think that established firms like […]
Trump ready to sign significant crypto legislation while House Republicans face legislative challenges.
Senate Moves Forward Amid Concerns over Cryptocurrency Legislation There’s a new hurdle causing delay in the House regarding cryptocurrency legislation. This week has been labeled “crypto week,” and President Trump is expected to sign the Genius Act, which aims to establish a framework for stablecoins linked to various currencies. However, time is becoming an issue. […]
House sets new record for the longest voting session on crypto bill rules
House Sets Record with Longest Vote On Wednesday night, the House achieved a milestone by holding the longest vote in the history of the Chamber of Commerce. The vote, which stretched over seven hours and 24 minutes, aimed to advance three cryptocurrency bills and support Republican leaders in their efforts to gain some backing from […]
Congress faces setbacks in crypto regulation for a second day
Cryptocurrency Regulation Bill Stalled Amid Conservative Opposition On Wednesday, the fate of three crypto-regulation bills hung in the balance as conservative House Republicans continued to block progress for a second day. New dissenters emerged from a faction of Republicans resisting last-minute adjustments aimed at appeasing earlier conservative holdouts. As of 5:30 PM, it was reported […]
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 […]
Crypto Week Legislation Delays Due to Calls for CBDC Ban
A legislative initiative known as “Crypto Week” convened on Tuesday, July 15th. This project had already been approved by the Senate. Democratic lawmakers collaborated to halt certain procedural steps, meaning they want to address the three crypto-related bills encompassed in Crypto Week, as reported by Bloomberg. After casting their votes, House Republican leaders met to […]