In a historic move, President Trump has signed the GENIUS Act, establishing a regulatory framework for stablecoins, potentially transforming how cryptocurrencies are used in everyday transactions. Supporters hail it as a major win for the crypto industry, while critics voice concerns over regulatory gaps.
In a pivotal moment for the crypto world, President Trump has signed the GENIUS Act, creating a regulatory framework for stablecoins and drawing a sharp contrast with the Biden administration. This bipartisan legislation aims to bolster the crypto industry while addressing concerns over consumer protection and data privacy.
In a surprising turn of events, Couche-Tard has walked away from its $47 billion bid to acquire 7-Eleven after a year of stalled negotiations, citing lack of engagement from 7&i leadership.
Tesla's much-anticipated robotaxi service has hit the streets of Austin, but not without controversy. Videos show the vehicles making dangerous mistakes, raising serious safety concerns as the NHTSA begins to investigate.
The FTC has approved a significant merger between Omnicom and Interpublic, creating the world's largest advertising agency. This decision reflects Chairman Andrew Ferguson's commitment to addressing conservative grievances while navigating antitrust laws. The settlement includes measures for compliance and oversight, ensuring fair practices in the advertising industry.
Alphabet's stock tumbles nearly 4% as the EU's top court adviser recommends dismissing Google's appeal against a hefty €4.1 billion fine. Can Google overcome this challenge?
Tesla is set to begin a limited test of its robotaxi service in Austin, Texas, as it navigates regulatory scrutiny from the NHTSA over safety concerns. With a focus on performance in poor weather, this trial could redefine urban transportation.
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.
The approval of a landmark stablecoin bill by the U.S. Senate has sent crypto stocks skyrocketing, paving the way for broader adoption and regulatory clarity in the crypto sector. Major players like Circle are set to benefit significantly.
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.
