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On July 3, the U.S. House of Representatives narrowly passed President Donald Trump’s “Big Beautiful Bill” with a 218–214 vote, clearing the way for a July 4 signing. Republican Opposition Fizzles Out The U.S. House of Representatives narrowly passed President Donald Trump’s “Big Beautiful Bill” on July 3, paving the way for its signing on … Read more
New York Attorney General Letitia James is warning that dangerously flawed stablecoin bills could expose U.S. financial markets to chaos by lacking critical guardrails and enforcement. Weak Stablecoin Bills Risk Undermining US Financial Stability, James Warns New York Attorney General Letitia James has raised concerns that proposed federal legislation on stablecoins lacks the safeguards needed … Read more
A sweeping crypto tax overhaul promises to unlock everyday digital asset use by slashing compliance burdens, exempting small transactions, and aligning crypto with traditional finance rules. De Minimis Rule Aims to Eliminate Tax Headaches for Small Crypto Payments Tax policy momentum is building as lawmakers aim to dismantle outdated financial frameworks that hinder digital innovation … Read more
Fed Chair Jerome Powell is at the center of a spiraling scandal as Congress faces mounting pressure to launch a full-scale investigation into a $2.5 billion Fed project meltdown. $2.5B Federal Reserve Project Sparks Allegations of Deception and Mismanagement Accusations of fiscal mismanagement and alleged deception have intensified scrutiny of Federal Reserve Chair Jerome Powell, … Read more
An expert says the “Big Beautiful Bill” is likely to weaken the dollar and increase inflation — factors that could enhance bitcoin’s appeal as “digital gold.” Bill Exposes Divisions Among Republicans U.S. President Donald Trump’s “Big Beautiful Bill” is likely to weaken the dollar and stoke inflation, potentially boosting bitcoin’s appeal as “digital gold.” According … Read more
U.S. lawmakers are racing to finalize landmark crypto legislation by September, aiming to lock in America’s dominance as the global leader in digital asset innovation. Lawmakers Unveil Legislative Priorities to Cement US Leadership in Cryptocurrency U.S. lawmakers are setting a definitive tone for digital asset leadership, targeting legislation to cement America as the global hub … Read more
Mounting political scrutiny is targeting federal regulators amid explosive allegations that major banks were pressured to cut ties with lawful crypto businesses under shifting oversight rules. Federal Oversight Questioned Over Banks Dropping Lawful Crypto Businesses Political pressure is intensifying scrutiny on federal banking oversight as lawmakers investigate whether regulators have indirectly orchestrated efforts to freeze … Read more
Federal crypto reform is locked in for summer, with July, August, and September deadlines set to finalize rules and define SEC-CFTC boundaries for digital assets. White House Crypto Czar Confirms Timeline for Sweeping Digital Asset Reform U.S. lawmakers are rapidly aligning on long-awaited digital asset regulation, setting the stage for crypto markets and stablecoins to … Read more
U.S. Senator Adam Schiff has introduced the “Curbing Officials’ Income and Nondisclosure (COIN) Act,” aimed at preventing the president, vice president, and their immediate families from using their positions for personal financial gain. Act Seeks to Block Officials From Endorsing Tokens Bearing Their Names U.S. Sen. Adam Schiff has introduced a bill barring the U.S. … Read more
Tiktok has denied allegations made by U.S. Rep. Brad Sherman that the company plans to purchase TRUMP memecoins worth $300 million. Tiktok: Sherman Allegations ‘Patently False’ Video-sharing social media platform Tiktok has denied claims it recently purchased or plans to acquire TRUMP memecoins worth millions of dollars. The Singapore-based company slammed U.S. Rep. Brad Sherman … Read more
