The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, sending the bill to President Donald Trump,

In a week in which Bitcoin hit a new high and the crypto market saw huge gains, the U.S. Congress has officially passed the GENIUS Act, its first national

The United States has taken a decisive step into the future of digital finance with the passage of the Genius Act, its first major piece of cryptocurrency legislation. Approved by Congress on 17 July 2025 after years of debate and lobbying,

The newly passed crypto legislation will establish the U.S. as the global leader in cryptocurrency innovation, said Summer Mersinger, CEO of the Blockchain Association and former CFTC commissioner. During an interview with CNBC, Mersinger expressed optimism about the impact of these regulatory frameworks on the industry’s growth.

Bitcoin has hit a new all-time high, surpassing $123,000 on Monday. This marks a sharp rise from $108,000 just a week ago.