Donald Trump's aggressive push into the cryptocurrency sector raises serious ethical questions as he profits from his ventures while in office. Critics are alarmed by potential foreign influence and regulatory favoritism, igniting a political firestorm.
Bitcoin continues its unprecedented rally, hitting a new record high of over $111,000. Driven by optimism around U.S. regulation and institutional interest, the cryptocurrency’s rise defies stock market trends.
The Senate passed the GENIUS Act, aiming to regulate stablecoins and enhance consumer protection. While supporters believe it opens doors for innovation, critics warn of weak regulations and potential conflicts of interest tied to Trump.
In a surprising turn of events, the Senate has advanced the GENIUS Act, a pivotal cryptocurrency regulation bill, with bipartisan support. This legislation aims to establish the first regulatory framework for stablecoins and address key consumer protection issues.
In a surprising move, the Trump administration has disbanded the National Cryptocurrency Enforcement Team, shifting focus away from crypto regulation. This decision raises concerns among critics, especially regarding its potential impact on investors and the future of digital finance in the U.S.
