Trump, Bills and cryptocurrency
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19hon MSN
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on Wednesday to make them tradeable, paving the way for their wide sale and purchase -- potentially boosting the value of the president's holdings of them.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
Georgia Republican Representative Marjorie Taylor Greene invoked the Bible on Wednesday to declare her opposition to a landmark cryptocurrency bill, equating the legislation’s potential impact to the Biblical end of times.
Wholesale inflation remained unchanged in June, according to new Producer Price Index data. Meanwhile, "crypto week" in Washington has hit a snag as Republican lawmakers side with Democrats on cryptocurrency legislation.
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Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
The Trump administration is affecting the crypto sector in quite a few ways. The president's official token has hurt the sector. President Donald Trump didn't invent speculative exuberance, but he has a knack for bottling it.
While President Donald Trump’s administration has dropped or rolled-back several high-profile actions against the US digital asset industry, the ongoing case involving crypto mixer Tornado Cash is a significant exception.