In a historic move, the U.S. House has passed the Genius Act, marking a new era for cryptocurrency regulation and stablecoins. With bipartisan support, this legislation aims to stabilize and mainstream the crypto industry under President Trump's vision.
Circle Internet Group Inc.’s shares surged 20% after receiving a buy rating from Seaport Global, coinciding with new regulatory developments for cryptocurrencies. The company has seen a staggering 600% increase in shares since trading began.
President Trump's exclusive gala for $TRUMP token holders ended in disappointment as attendees report lackluster food and minimal interaction with the former president. With rising concerns from lawmakers, the future of crypto regulation hangs in the balance.
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.
