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Senator Tim Scott slams partisan politics for failed stablecoin bill


Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step...

US Stablecoin bill blocked as Democrats withdraw support


The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored...

US Stablecoin bill blocked as Democrats withdraw support


The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored...

Missouri bill ending capital gains tax heads to governor for signature


Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction...

Missouri bill ending capital gains tax heads to governor for signature


Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction...

Missouri bill ending capital gains tax heads to governor for signature


Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction...

Texas House committee passes Bitcoin reserve bill for full floor vote


A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7...

Texas House committee passes Bitcoin reserve bill for full floor vote


A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7...

Democrats aim at Trump’s crypto profits with a 3-prong pincer move


US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.   The Modern Emoluments and Malfeasance Enforcement Act, or the MEME...

New Hampshire governor signs crypto reserve bill into law


Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state’s treasurer to invest in cryptocurrencies, including Bitcoin (BTC).In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to “invest in cryptocurrency and precious...

New Hampshire governor signs crypto reserve bill into law


New Hampshire became the first US state to allow its government to invest in crypto currencies including Bitcoin (BTC), after Governor Kelly Ayotte signed a bill passed by the legislature into law. In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted...

US stablecoin bill loses democrats amid Trump corruption concerns


Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...

US stablecoin bill loses democrats amid Trump corruption concerns


Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...

New crypto bill draft seen to curb big crypto firm influence


The new “Digital Asset Market Structure Discussion Draft” introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms and promote more participation in the broader market, according to an executive from Paradigm. The discussion draft, led...

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