Trump Presses House to Pass ‘Incredible’ Crypto Bill: ‘NO DELAYS, NO ADD ONS’
- The U.S. Senate approved the GENIUS Act on Tuesday with a bipartisan vote of 68-30, establishing the nation's first federal regulatory framework for stablecoins.
- The bill was the result of extended bipartisan efforts to implement federal regulations for stablecoins, including requirements for full asset backing, regular monthly inspections, and adherence to regulations preventing financial crimes.
- The GENIUS Act opens the stablecoin market to banks, fintechs, and retailers, with industry leaders praising it as a key step toward US leadership in digital assets.
- President Trump called the bill "incredible" and urged the House to pass it "LIGHTNING FAST" with "NO DELAYS, NO ADD ONS" to secure US dominance in the sector.
- With the House debate pending, the act may trigger global stablecoin growth and increased transparency, while crypto stocks like Coinbase and Circle surged after the Senate vote.
47 Articles
47 Articles
Trump Is Pushing the House to Pass This Senate Crypto Bill, Fast.
PULSE POINTSWHAT HAPPENED: The Senate passed the GENIUS Act in a 68-30 vote, aiming to position the U.S. as a leader in digital assets.WHO WAS INVOLVED: President Donald J. Trump, the U.S. Senate, and the House of Representatives.WHEN & WHERE: Senate approved the bill on Tuesday, with Trump urging the House to act on Wednesday.KEY QUOTE: “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Ass…
Trump Presses House GOP to Move 'Lightning Fast' in Passing Crypto Bill
The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS! Trump wrote on Truth Social Wednesday.
Trump presses House to pass ‘incredible’ crypto bill: ‘NO DELAYS, NO ADD ONS’
President Trump on Wednesday urged the House to pass a bill regulating payment stablecoins that cleared the Senate earlier this week, asking lawmakers to quickly get the legislation to his desk without any changes. “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets
Trump Urges ‘Lightning Fast’ House Passage of Stablecoin Bill After Senate Approval
President Donald Trump on Wednesday night called on the House of Representatives to quickly pass the GENIUS Act, the major stablecoin bill that cleared the Senate earlier this week, voicing strong support for what he called an “incredible Bill.” In a post on Truth Social, Trump urged the House to move “LIGHTNING FAST” so he could sign the bill into law. He praised the legislation as a step toward making the United States the “UNDISPUTED Leader i…
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