Federal Reserve Chair Kevin Warsh said the Fed will not bail out failing crypto firms, insisting the industry must bear its own risks while regulators finalize rules under the GENIUS Act.
Three finance and policy leaders urged Congress to pass the Clarity Act, a long-delayed bill that would establish U.S. rules for cryptocurrency and blockchain markets.
The FDIC has moved forward with a new GENIUS Act framework outlining how U.S. banks can issue and manage stablecoins, signaling expanded federal oversight of dollar-backed digital assets.
As the Genius Act solidifies a Treasury-backed stablecoin world, Bitcoin's decentralized network positions it as the superior blockchain for global adoption, countering declining demand for U.S. bonds in a multipolar world.
Trump Media and Technology Group, the company behind Truth Social, Truth+, and Truth.Fi, announced today it has purchased approximately $2 billion in Bitcoin and...