Trump, cryptocurrency and Bill
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The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.
MAGA Rep. Marjorie Taylor Greene has broken with President Donald Trump for the third time this week. The Georgia congresswoman voted against a landmark cryptocurrency bill Thursday, despite Trump ordering Republicans to pass it in a Truth Social post featuring the opening line,
18hon MSN
On today's episode of CNBC Crypto World, bitcoin trades flat while ether and XRP rise. Plus, Coinbase announces an 'everything app' to replace the Coinbase Wallet. And, Rep. Bryan Steil (R-Wisc.) discusses the House's plans to pass crypto regulation bills after an hours-long delay.
"These bills are a gift-wrapped invitation for Trump to continue his full-scale crypto con," warned Rep. Maxine Waters.
Trump showed a draft letter to fire Fed Chair Powell during a GOP crypto discussion, raising questions on presidential authority.