Washington — President Trump signed a landmark bill to regulate cryptocurrency on Friday, hailing the “exciting new frontier” for the technology one day after the bill passed the House. The legislation, called the GENIUS Act, will be the first major law governing digital currency, establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins
President Trump on Friday is signing the Genius Act, the first major federal law governing cryptocurrencies. The law establishes federal regulations for “stablecoins,” which are viewed as a relatively safe type of cryptocurrency because their value is pegged to fixed assets, like the dollar. The Genius Act passed in the House on Thursday by a
Washington — President Trump is set to sign a landmark bill to regulate cryptocurrency on Friday, one day after the bill passed the House despite some opposition from conservatives. The legislation, called the GENIUS Act, will be the first major law governing digital currency, establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins
Washington — President Trump late Thursday ordered Attorney General Pam Bondi to seek the release of grand jury testimony related to Jeffrey Epstein as his administration faces pressure to disclose more details on the late sex offender. “Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to
Washington — The Texas Legislature is set to convene Monday for a special session where it will attempt to redraw the state’s congressional map to boost President Trump and his allies’ efforts to maintain the GOP’s grip on the U.S. House in next year’s midterm elections. The state’s decision to recraft the boundaries of House
Washington — House Republicans approved a package after midnight Friday to claw back $9 billion in foreign aid and public broadcasting funding, sending it to President Trump’s desk. Congress beat a Friday end-of-day deadline to pass the bill, which is known as a rescissions request, after which the money would have had to be spent
Los Angeles County Sheriff Robert Luna said the U.S. Department of Justice is targeting him after the federal government requested a list of incarcerated undocumented immigrants. During a news conference on Thursday, Luna said the federal government has threatened to charge him if his agency does not cooperate. “I’ve personally received, I’m going to call