In a historic 68-30 vote, the Senate passed the GENIUS Act, establishing a federal framework for stablecoins. With bipartisan support, this legislation marks a pivotal moment for the crypto industry amidst intense political dynamics.
Coinbase has reported a data breach by unknown hackers who stole customer information but did not access passwords. The company is taking measures to prevent future attacks and is offering a reward for information on the attackers.
In a surprising move, Senate Democrats have blocked a crucial bill to regulate stablecoins, citing concerns over its implications for Donald Trump's financial interests. This decision raises questions about the future of cryptocurrency regulation in the U.S. and the influence of politics on the burgeoning industry.
President Trump has announced the creation of a Strategic Bitcoin Reserve, using government-owned cryptocurrencies to potentially revolutionize the digital asset landscape. This move has sparked controversy within the crypto industry, raising questions about the future of digital currencies.
In a surprising turn of events, President Trump, once a skeptic of cryptocurrency, is set to host the first-ever White House cryptocurrency summit. High-profile executives and investors from the crypto industry will gather to discuss the future of digital assets.
