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 […]
Trump reveals deal to resolve House conflict regarding crypto legislation
Trump Secures Agreement with House Republicans on Cryptocurrency Bills Late Tuesday, President Trump announced that he had reached a deal with most House Republicans who had blocked a procedural vote earlier in the day, setting three cryptocurrency bills in motion for consideration. This announcement, made via Truth Social, followed Trump’s meeting with 11 of the […]
Industry Leaders Warn That Crypto Market Structure Bill Will Harm DeFi in the US
Simply put Leaders in decentralized finance (DeFi) are expressing concerns about certain aspects of the Clarity Act, which they believe could introduce significant risks and potentially drive developers overseas. Policy experts and lobbyists, who have been hesitant to voice their objections, feel they can no longer stay quiet about this legislation. The Clarity Act is […]
Crypto regulation bills supported by Trump do not pass an important test in Congress.
Storm clouds hovered over the US Capitol building in Washington, DC on July 1, 2025. Several bills aimed at regulating cryptocurrency, which had the backing of President Donald Trump, faced significant setbacks in the House on Tuesday, marking a serious blow to the crypto sector. The final count for the procedural vote was 196-223, where […]
Bitcoin reaches a new record high as US lawmakers prioritize supportive crypto laws
Bitcoin Hits New Heights Amid Legislative Momentum Bitcoin has had an impressive week, achieving a new high on Monday. Recently, the cryptocurrency surged past $123,000, a notable increase from around $108,000 just a week prior. As of now, Bitcoin stands as the fifth most valuable asset globally, boasting a market capitalization of $2.4 trillion, which […]