On 17 July, the U.S. House of Representatives passed the first federal legislation governing stablecoins, legitimizing their broad use in finance and commerce. The 308-to-122 vote was broadly bipartisan.
Tag: crypto
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CRYPTO INNOVATION IS THE PRIZE
Crypto technology represents real innovation compared to current legacy financial—and other institutions and organizational structures.
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
Crypto services company BitGo, stablecoin issuer Circle, and Ripple, a crypto payments business, have applied to be chartered as U.S. banks, the Financial Times reported.
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SPECIAL REPORT: CRYPTO IS BECOMING THE NEW NORMAL
Chinese consumers are using mobile payment systems almost exclusively now, French newspaper Le Monde reported, so much so that cash “has dwindled to near extinction,” it said.
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TRUMP’S SONS TALK AT BITCOIN CONFERENCE, TAKE AIM AT TRADITIONAL BANKS
Eric Trump and Donald Trump Jr., were two of the marquee guests at last week’s bitcoin conference in Las Vegas and spoke about the promise of cryptocurrencies—just as their family has taken a major stake in the industry that has raised ethical concerns.
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PARDONED SILK ROAD FOUNDER TELLS CRYPTO COMMUNITY TO UNITE UNDER FREEDOM
Ross Ulbricht wasn’t focused on financials in his address to the Bitcoin 2025 conference this past week.
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ONE BIG CLUB: WITKOFF’S LITTLE BOY AIMS TO CLEAN UP IN CRYPTO
Zach Witkoff, the 32-year-old son of U.S. President Donald Trump’s special envoy Steve Witkoff, recently announced the purchase of $2 billion in stablecoins from World Liberty Financial, a company that includes Trump’s older sons in its management structure, by Tahnoon bin Zayed al Nahyan, the billionaire sheik who met five months earlier with his father at a cryptocurrency conference in Abu Dhabi, according to a report.
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TECHNOCRACY BRIEFS: MORE ENERGY REALISM, AND THE CRYPTO BULL WASN’T OVER
President Donald Trump continued to reshape American energy policy this past week, with what we have long forecast in these pages adds up to energy realism.
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BITCOIN FLIES WITH TRUMP IN THE WHITE HOUSE, HELPING TO LIFT OTHER CRYPTOCURRENCIES
Bitcoin investors are bullish with U.S. President Donald Trump in the White House given his family’s tentacles in crypto and optimism that he will do everything he can to make sure there is a favorable regulation environment to spark further growth.
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GLOBAL CRYPTO PLATFORMS PLAN OFFICES IN U.S.
Encouraged by Donald Trump’s enthusiasm for digital assets and his administration’s moves to rescind strict oversight measures, cryptocurrency trading platforms are actively looking to open outlets for U.S. customers.
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