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.
The crypto market is surging today, driven by growing optimism around global trade developments and a supportive macroeconomic backdrop. The total crypto market capitalization jumped 3.21% to reach $3.1 trillion, while 24-hour trading volume soared 47.10% to $119.1 billion. Bitcoin (BTC) surged past $99,000, hitting $99,415, as bulls aim for
Shark Tank star Kevin O’Leary has dismissed the idea of a U.S. Strategic Bitcoin Reserve. Speaking during a debate with SkyBridge founder Anthony Scaramucci, O’Leary said the proposal “will never happen.” He cited a lack of bipartisan support and questioned the motives of Bitcoin advocates like Michael Saylor. The exchange
The US and South Korea will have trade talks in Washington this week. At the request of the US. South Korea’s Trade Minister Ahn Duk-geun and Finance Minister Choi Sang-mok will talk with US Trade Representative Jamieson Greer. And Treasury Secretary Scott Bessent on the sidelines of IMF and World
Senator Tim Scott expects a crypto market structure bill to become law by August 2025. As chairman of the Senate Banking Committee, Scott highlighted the progress made in advancing crypto regulation. In March 2025, the committee moved forward the GENIUS Act, a stablecoin bill, showing its commitment to digital asset
Roundhill Investments has filed a prospectus with the U.S. Securities and Exchange Commission to launch a new Humanoid Robotics ETF. This move follows its earlier success with ETFs focused on Bitcoin and generative AI. The New York-based firm aims to capitalize on growing investor interest in human-like machines. Humanoid robotics
The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day pause in their ongoing legal case. The pause follows 60 days of “productive discussions” between the two parties. According to court filings, the pause will give both sides more time to finalize a settlement. It also
Teucrium Investment Advisors is launching the first U.S.-listed XRP ETF on April 8. The fund, called the Teucrium 2x Long Daily XRP ETF (ticker: XXRP), will trade on NYSE Arca. It aims to deliver twice the daily performance of XRP using swap agreements rather than holding the token directly. This
U.S. SEC Acting Chair Mark Uyeda has ordered an agency-wide review of multiple crypto-related regulatory statements. This move aligns with Executive Order 14192, titled “Unleashing Prosperity Through Deregulation.” The directive aims to rescind or revise guidance inconsistent with current SEC priorities. Statement from Acting Chairman Mark Uyeda: Pursuant to Executive
Coinbase CEO Brian Armstrong is calling on U.S. lawmakers to favor stablecoin legislation that allows holders to earn interest. He claimed that onchain interest would benefit consumers, enhance financial inclusion, and bolster the U.S. economy. In a post on March 31, Armstrong explained that stablecoins are already functioning as digital
