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.