Tag Archives: Bill

Coinbase Stock and Robinhood Rise After Crypto Bill Victory. MicroStrategy and Block Also on the Move.  Barron’s Live updates: Trump expected to sign new cryptocurrency bill into law  AP News ‘Put up or shut up’: Landmark win in Congress to test crypto’s viability  Politico Crypto Industry Reaches Milestone With Passage of Genius Act  The New York Times Regulating Stablecoins Will Take a Genius Act, …

WASHINGTON (AP) — President Donald Trump on Friday will sign into law a new set of regulations for a type of cryptocurrency that are seen as a way to legitimize the burgeoning industry. The GENIUS Act sets initial guardrails and consumer protections for stablecoins, a type of cryptocurrency that is tied to a stable asset like the U.S. dollar to …

Some Democrats supported the GENIUS Act, arguing that some regulation is better than none as cryptocurrency activity increases globally and the technology has the potential to revolutionize the US financial system. But Hand told Ars that “we’ve already seen what happens when there are no protections” for consumers, like during the FTX collapse. She joins critics that the BBC reported …

WASHINGTON (AP) — Republican elected officials are promoting their recently passed tax and spending bill as a win for working Americans, but a new survey shows that Americans broadly see it as a win for the wealthy. About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center …

Stablecoin regulation bill heads to Trump’s desk  Axios A ‘Crypto Week’ win: Congress passes 1st major crypto legislation in the U.S.  NPR House sends bill regulating stablecoins, a type of cryptocurrency, to Trump  CNBC Instant View: US House sends “Genius Act” stablecoin bill to Trump to sign  Reuters House advances crypto, defense spending bills following standoff  Politico Source link

KEY TAKEAWAYS The ‘Big, Beautiful Bill’ increases some major tax deductions for the 2025 tax year, but also ends other credits. The bill raises the standard deduction by $750 to $1,125 for taxpayers who don’t itemize their 2025 taxes. Taxpayers who do itemize can deduct four times more of what they paid in state and local taxes than in previous …

President Donald Trump has signed a bill into law that will permanently ban analogues of fentanyl—though it also contains provisions that would remove barriers to conducting research into the risks and benefits of marijuana, psychedelics and other Schedule I drugs. The president signed the Halt All Lethal Trafficking of (HALT) Fentanyl Act on Wednesday, accompanied by his yet-to-be-confirmed pick for …

Portland Trail Blazers guard Damian Lillard (0) celebrates after their win over the Dallas Mavericks in an NBA basketball game Tuesday, Aug. 11, 2020, in Lake Buena Vista, Fla. (Kim Klement/Pool Photo via AP) APAP Soak it in, Rip City. Take a moment to really, truly bask in the beautiful absurdity of this whole thing, the delicious and delirious storybook …

Crypto Industry Reaches Milestone With Passage of First Major Bill  The New York Times House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion  CBS News US House passes stablecoin legislation, sending bill to Trump  Reuters What to Know About the Three Crypto Regulation Bills in Congress  The New York Times Capitol agenda: Brutal day ahead for Mike Johnson  Politico Source …

Damian Lillard of the Portland Trail Blazers celebrates after winning the three-point contest at the NBA basketball All-Star weekend Saturday, Feb. 18, 2023, in Salt Lake City. (AP Photo/Rick Bowmer)AP The Portland Trail Blazers are moving toward a stunning reunion with Damian Lillard two years after they traded the franchise icon to the Milwaukee Bucks in an effort kickstart a …