Tue, June 10

U.S. Treasury Secretary Bessent Criticizes Senate for Blocking GENIUS Stablecoin Bill

U.S. Treasury Secretary Scott Bessent criticized the Senate on Thursday for rejecting the GENIUS Act, a stablecoin regulation bill. The vote, split 49-48, halted progress amid mounting concerns over President Donald Trump’s ties to crypto. Bessent called the decision a “missed opportunity” for American leadership in the digital asset space.

May 9, 2025 2 mins read

Senate Democrat Launches Investigation into Trump’s Crypto Ventures

Senate Democrat Richard Blumenthal has initiated a preliminary inquiry into President Donald Trump’s crypto connections. He raised concerns about potential conflicts of interest and legal violations. As ranking member of the Senate Permanent Subcommittee on Investigations, Blumenthal sent formal inquiry letters Tuesday to executives at two Trump-associated crypto companies. Bill

May 7, 2025 2 mins read

Senate Democrats Unveil Clean Cloud Act to Cap Emissions From Crypto and AI

Senate Democrats have introduced the Clean Cloud Act of 2025, targeting carbon emissions from cryptocurrency mining facilities and AI data centers. Senators Sheldon Whitehouse and John Fetterman presented the bill to amend the Clean Air Act and address rising energy demand. The bill proposes regional emission caps for facilities using

April 13, 2025 2 mins read

Howard Lutnick Takes Charge as the 41st U.S. Commerce Secretary

Senate Confirms Howard Lutnick, a former chief executive of Cantor Fitzgerald, to lead the Commerce Department. The U.S. Senate voted 51-45 to confirm Howard Lutnick as the 41st Secretary of Commerce.  Lutnick will lead President Donald Trump’s global trade and economic agenda. Given his strong protectionist stance, his confirmation marks

February 19, 2025 2 mins read

Senator-elect Bernie Moreno Joins Senate Banking Committee

Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as

December 24, 2024 2 mins read

President Trump Assembling a Bitcoin Army Says Lummis

The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives.  Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to

November 27, 2024 1 min read

Trump Endorses Pro Crypto Matt Gaetz for US Attorney General

President-elect Donald Trump has nominated Florida Congressman Matt Gaetz as the next U.S. Attorney General. Known for his strong stance on justice reform and cryptocurrency advocacy, Gaetz has gained attention for his criticisms of the Department of Justice (DOJ) under the Biden administration. If confirmed, he is expected to focus

November 14, 2024 1 min read

US Senator Lummis Set to Introduce Bitcoin Reserve Asset Bill

Senator Cynthia Lummis of Wyoming is reportedly preparing to unveil groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, aiming to elevate Bitcoin to a strategic reserve asset on par with gold. This move could change U.S. monetary policy and significantly elevate Bitcoin’s status in the financial landscape. The

July 25, 2024 2 mins read

Famous US Senators Stand For Tax-Free Crypto Transaction

US Senators Proposed a tax-free bill for small crypto transactions. The bill demands cryptocurrency transactions less than $50 be exempt from taxation. Famed US Senators have proposed a new bill that would exempt modest crypto transactions from capital gains taxes. A proposed bill attempts to exempt Americans from keeping track

July 26, 2022 1 min read

Controversy for U.S Upon El-Salvador BTC Legal Tender

El-Salvador’s BTC legal tender possesses issues for the U.S trade.  U.S lawmakers on pursuit for mitigatory plans. Nayib Bukele completely against the remarks made by the U.S. Ever since the Bitcoin (BTC) has been made as one of the legal tenders in El-Salvador, controversies are nevertheless. Apart from the world

April 5, 2022 2 mins read