Crypto Week Falters: Trump’s Stablecoin Push Stalls as GOP House Members Break Ranks – Brave New Coin
Republican efforts to advance crypto legislation stalled as 13 GOP members broke ranks, despite Trump’s push. The setback revealed party fractures and raised concerns over potential conflicts of interest.
Standard Chartered expands crypto footprint amid stablecoin market boom
Standard Chartered launches Bitcoin and Ethereum spot trading, expanding its crypto services amid growing U.S. regulatory focus on stablecoins, which could see a $750 billion market by 2026.
US Lawmaker Warns More FTX-Style Crashes Coming Without Crypto CLARITY
US lawmakers warn of more FTX-style collapses without crypto regulations like the CLARITY Act, which aims to provide clear rules, consumer protections, and oversight for the crypto industry.
Fed’s Susan Collins Calls for Patience on Interest Rate Cuts
Fed’s Susan Collins advocates patience on rate cuts, citing strong economy and mixed inflation data. Tariffs impact prices but households continue spending, reducing urgency for immediate action.
U.S. Headed Toward Crypto Crisis, Maxine Waters Warns: MSNBC
Rep. Maxine Waters warns GOP crypto bills could trigger a U.S. financial crisis, citing weak regulations and consumer protections in the CLARITY and GENIUS Acts.
Merrill Lynch Ordered To Pay $3,684,163 in Damages and Other Costs Following Unsuitable Private Equity Recommendations: Report – The Daily Hodl
Merrill Lynch ordered to pay $3.7M in damages after arbitrators ruled against the firm for unsuitable private equity recommendations, violating securities laws and fiduciary duties.
House rejects crypto rule package despite Trump’s call, push for second vote later today
House Republicans rejected a crypto rule package despite Trump’s support, with some opposing bundling crypto bills with defense spending. A second vote may occur later today.
Crypto-backed group gathers $141M funding to influence US elections
Fairshake, a crypto-backed PAC, has raised $141M to influence US elections, supporting pro-crypto candidates. It spent $130M in 2024 and plans similar efforts for 2026 midterms.
Breaking: GENIUS Act Suffers Setback In Crypto Week After Failure To Pass Key Vote
The GENIUS Act faces a setback as the US House fails a key procedural vote during Crypto Week, delaying consideration of crypto-related bills. Another vote is expected later.
Crypto Week News: U.S. House Sees Hiccup in Crypto Bills Procedural Votes as Freedom Caucus Objects
The U.S. House faced a procedural delay on crypto bills due to Freedom Caucus objections, causing market uncertainty. Bipartisan support suggests a resolution is likely, with votes expected soon.
