GENIUS Act, Anti-CBDC Act, and CLARITY Act pass procedural vote 215-211 in Congress after Trump's Oval Office intervention.

President Donald Trump said Tuesday, July 15, he has secured the commitment of House Republicans to vote in favor of the GENIUS Act after procedural failures halted its progress earlier in the day.

House passes procedural vote 215-211 for crypto bills after Trump meets with GOP holdouts who switched positions.

Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.

Coinbase is launching a six-figure ad campaign urging Congress to pass legislation that would establish rules for regulation of the crypto market as the House prepares to take up several crypto

JPMorgan forecasts the stablecoin market will reach $500 billion by 2028, far less than Standard Chartered’s $2 trillion projection.

The bipartisan legislation, which passed the Senate in June and is likely to be voted on by the House this week, is the first-ever piece of stablecoin regulation. It would allow private entities to issue their own stablecoins, as long as they are fully backed by U.S. Treasuries. That will open the Treasury up to a whole new set of investors.

Stablecoin fever is still running hot. Zerohash, a crypto and stablecoin infrastructure startup, is set to raise about $100 million at nearly a $1 billion valuation, according to two sources familiar with the deal.