House, Republicans and crypto
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On today’s episode of CNBC Crypto World, bitcoin falls as new data showed consumer prices rose in June. Plus, crypto asset manager Grayscale announces it confidentially filed with the SEC to go public on U.
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A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- joining the entire Democratic caucus -- and, at least temporarily, freezing activity in the House. The final tally was 196-223.
DeFi stakeholders say they can no longer stay silent about major concerns with the CLARITY Act, which will see a vote as soon as tomorrow.
The US House's Crypto Week features key bills like the GENIUS Act, CLARITY Act, and Anti-CBDC Act, driving innovation in crypto.
A series of crucial crypto-currency bills stalled in the House due to bipartisan opposition. President Trump intervened, aiming to pass the legislation. The bills aim to regulate stablecoins and the larger crypto market structure.
Donald Trump Jr. urges passage of a crypto regulation bill to foster economic growth and establish crypto leadership in the US.
Crypto week’s developments could reset how U.S. approaches crypto regulation—from compliance and custody to digital dollars.
Rep. Maxine Waters has warned two pending crypto bills could gut consumer protections and hand more power to politically connected players.
The US House of Representatives is expected to consider the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act as part of Republicans’ push for crypto legislation.
Bitcoin has once again surged into uncharted territory, smashing through the $120,000 level for the first time on Monday.