Trump, Crypto
Digest more
A day after President Donald Trump claimed a deal was reached with GOP holdouts, the House was yet again locked in a standstill over moving forward on a trio of crypto bills -- breaking a record for the longest House vote in recent history.
A political standoff has delayed a House vote on cryptocurrency legislation as Republicans struggle with timing constraints and internal disagreements over the GENIUS and Clarity acts.
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.
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
Donald Trump has made it clear he wants Republicans on the hill to rubber stamp the crypto bills on Capitol Hill this week - so why are some in the GOP holding it up? Plus - according to new reporting from Bloomberg,
"Crypto Week" kicks off in the U.S. as lawmakers debate key bills that could reshape digital asset regulation. Here’s what the legislation means for Bitcoin, investors, and the future of crypto in America.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump's growing crypto empire.