The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate …
Senate
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Markets
U.S. Senate Banking Committee Advances Stablecoin Bill with Bipartisan Support; Full Senate Vote Next
by shayaanby shayaanUnder President Trump’s encouragement for the crypto sector, the U.S. Senate Banking Committee has successfully pushed forward a bill regulating stablecoins. This …
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Scams
Senate Stablecoin Bill Passes Out of Committee With Strong Bi-Partisan Support
by shayaanby shayaanThe U.S. Senate Banking Committee voted in favor of advancing the stablecoin-focused GENIUS Act to a full Senate vote Thursday, with the …
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Adoption
Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC
by shayaanby shayaanSenator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald …
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Scams
Senate Banking Committee to Vote on Bipartisan ‘Genius’ Stablecoin Bill This Week
by shayaanby shayaanThis week, the U.S. Senate Banking Committee plans to vote on a bipartisan bill aimed at regulating stablecoins and enhancing consumer protection. …
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Regulation
Texas Set To Create First State-Run Bitcoin and Crypto Reserve After Passage of Senate Bill 21
by shayaanby shayaanTexas could become the first state to have a strategic Bitcoin (BTC) reserve following the passage of a new bill that allows …
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DeFi
“A misguided rush to regulate” — 1inch CCO blasts IRS over DeFi crackdown as Senate overturns rule
by shayaanby shayaanCould DeFi survive under outdated financial regulations? Experts suggest that forcing decentralized platforms into compliance models designed for banks would have been …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Some believe the Senate’s vote to overturn the …
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Adoption
Texas senate passes bill enabling Bitcoin investments with public funds
by shayaanby shayaanTexas has moved a step closer to holding Bitcoin (BTC) as a reserve asset, with the state senate passing a bill on …
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Regulation
US Senate Votes to Overturn Controversial Crypto Tax Reporting Rule
by shayaanby shayaanOn Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from …