Senate Passes Historic Crypto Bill: Sacks Hails Dollar Dominance, Bessent Sees $3.7T Boom

With Senate approval of the GENIUS Act, praised by White House Crypto Czar David Sacks and Treasury Secretary Scott Bessent, stablecoins could unlock trillion-dollar markets and position the U.S. for dominant leadership in digital finance. Senate Clears First Major Crypto Bill: ‘A Truly Historic Moment’ The U.S. Senate has approved the bipartisan Guiding and Establishing … Read more

Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration

The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a major step toward federal regulation of stablecoins. GENIUS Act Clears Senate, STABLE Act Clash Looms in House The bill—formally titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act—establishes a framework for issuing and regulating stablecoins, digital assets pegged to … Read more

CLARITY Act Advances With Bipartisan and Crypto Industry Support

A landmark crypto bill has cleared pivotal House committees, setting the stage for sweeping regulatory clarity, jurisdictional certainty, and a surge in U.S.-based blockchain innovation. Crypto Bill Clears Key House Hurdles—CLARITY Act Redefines Market Boundaries U.S. House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman GT Thompson jointly announced on June 13 … Read more

UBS Sees Senate Rushing ‘One Big, Beautiful Bill’ Toward High-Stakes Finale

UBS spotlights blistering Senate momentum on a sweeping economic bill packed with permanent tax incentives and trade reprieves, all under crushing pressure to meet July deadlines. UBS Sees Fast-Track Senate Action on Key Economic Bill Amid Trade Reprieves and Deadline Pressure Global investment bank and financial services giant UBS published its Washington Weekly report on … Read more

Coinbase Rallies Behind 2 Landmark Crypto Bills—52M US Owners Await Congress

Coinbase’s CEO is driving urgent action behind two landmark crypto bills that promise regulatory clarity, investor protection, and explosive growth for America’s digital asset future. Coinbase Urges Legislative Action on 2 Crypto Bills: ’52 Million American Crypto Owners Are Counting on It’ Cryptocurrency exchange Coinbase (Nasdaq: COIN) renewed its call for Congress to establish clear … Read more

US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion

Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary. US Treasury Sees Stablecoins as Strategic Dollar Expansion Tool Amid $2 Trillion Forecast U.S. Treasury Secretary Scott Bessent testified before … Read more

Lawmaker Seeks Full Crypto Conflict Ban for Congress, White House, Agencies

Congressman Himes proposes ethics overhaul barring federal officials and families from profiting via digital asset conflicts of interest. Lawmaker Unleashes Ethics Overhaul Targeting Digital Asset Conflicts of Interest U.S. Congressman Jim Himes (D-CT) proposed a significant expansion of ethical safeguards on June 11 during a legislative session in Washington, presenting an amendment to the CLARITY … Read more

Former CFTC Chair Pushes Congress for Fast-Track Crypto Rules Before Chaos Hits

U.S. lawmakers are being pushed to act fast as calls intensify for a clear crypto regulatory framework that protects investors, fuels innovation, and reduces systemic risk. Former CFTC Chair Urges Swift Congressional Action on Crypto Oversight Former U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam testified on June 4 before the House Committee on … Read more

US Lawmakers Seek Audit of Federal Gold, Including ‘Deep Storage’

Four members of Congress introduced legislation on June 6, 2025, demanding the first comprehensive audit of U.S. gold reserves in over 65 years amid soaring national debt and global gold accumulation by central banks. Gold Audit Bill Demands Inventory of All Federal Bullion Holdings Representatives Thomas Massie (R-KY), Troy Nehls (R-TX), Addison McDowell (R-NC), and … Read more

Elon Musk Warns US Headed for Bankruptcy, Slams Congress Over ‘Disgusting Abomination’ Bill

Elon Musk erupts in fury, declaring he can’t take it anymore as he warns unchecked government spending is driving America toward catastrophic financial collapse and irreversible damage. Elon Musk Warns US on Brink of Bankruptcy—Says He Can’t Take It Anymore Elon Musk has unleashed a scathing critique of the newly passed Congressional spending bill, calling … Read more