Trump, Crypto
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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.
14hon MSN
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.
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Cryptopolitan on MSNBurchett and Trump agree on private crypto transactionsUS Representative Tim Burchett says they agreed with President Trump to maintain the anonymity of crypto transactions, similar to how cash works. In a Thursday X post, the Tennessee representative commented, “Late night agreement with Donald Trump and leadership to keep your crypto transactions private like cash.”
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
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.