Category: Law of the Chain
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Trump Pushes House GOP to Revive Vote on Crypto Bills – Decrypt
Trump convinced GOP holdouts to support crypto bills after initial opposition over CBDC concerns. The GENIUS and CLARITY Acts face criticism for potential regulatory overreach and favoring centralized crypto systems.
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GENIUS Act, other crypto bills blocked in U.S. House: ‘The Senate did not…’
House Republicans blocked a procedural vote on three crypto bills, including the GENIUS Act, due to disagreements over content and packaging. The setback affects regulatory progress and caused dips in crypto-related stocks.
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Michigan town puts pre-emptive curbs on crypto ATMs
Grosse Pointe Farms, Michigan, passed an ordinance restricting crypto ATMs to protect residents from scams, including registration, warnings, and transaction limits for new users.
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New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms – Regulation Bitcoin News
Hungary’s new law imposes prison terms for unauthorized crypto trading, causing uncertainty and potential exits for crypto firms in the region.
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GENIUS Act Back on Track as Trump Wins Support from Lawmakers, BTC Price Jumps
The GENIUS Act gains momentum as Trump secures House support, reviving crypto legislation. Bitcoin prices rebound amid renewed optimism for the stablecoin regulatory framework.
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Trump Crypto News: Polymarket ‘Yes’ Spikes on Jerome Powell Firing as Florida Rep. Says It’s ‘Imminent’
A Florida Congresswoman’s claim about Jerome Powell’s imminent firing moved Polymarket bets, though legal hurdles and Bitcoin’s stable price suggest low likelihood.
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Crypto Case Cracks Open Police Conspiracy In LA—Details | Bitcoinist.com
Two LA sheriff’s deputies conspired to violate civil rights while working for a crypto entrepreneur known as ‘The Godfather.’ They used warrants, intimidation, and accepted crypto payments, facing prison for their crimes.
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Fed, FDIC, OCC Clarify How Banks Can Handle Your Crypto
Federal regulators clarify that banks can offer crypto custody with strong risk controls, adapting existing rules without new policies. Reputational risk is no longer a factor, easing crypto-bank partnerships.
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Trump Says Lawmakers Will Vote in Favor of GENIUS Act Tomorrow Morning – Regulation Bitcoin News
President Trump announces a breakthrough on the GENIUS Act, reigniting hopes for digital asset regulation amid GOP internal challenges.
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The Node: Stablecoin Supremacy
The Bank of England’s governor highlights stablecoins as a priority for the FSB. Analysts predict stablecoins could impact U.S. Treasury markets at $750B. Adoption grows, with non-crypto firms using them for efficient international payments.
