Debt Bomb Passes: Trump’s ‘Beautiful Bill’ Edges House Despite GOP Rebels – Economics Bitcoin News
The U.S. House passed Trump’s ‘Big Beautiful Bill’ with a 218-214 vote, overcoming GOP opposition, and set for a July 4 signing.
NYAG Letitia James Urges Fed Oversight, FDIC Protections in Stablecoin Legislation – Regulation Bitcoin News
NY AG Letitia James warns that weak stablecoin bills lack critical safeguards, risking US financial stability and urging Fed oversight and FDIC protections in legislation.
Detroit Sues Crypto Real Estate Platform Over Safety, Health Violations – Decrypt
Detroit sues Real Token and 165 LLCs over 400 properties with health violations, alleging tenants lacked heat, water, and safety. The city seeks repairs, rent escrow, and founder liability.
US House Designates ‘Crypto Week’ to Consider 3 Key Reforms
The US House GOP designated July 14 as ‘Crypto Week’ to review three key bills: the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act, aiming to establish crypto regulations and ban US CBDCs.
UK and Singapore Forge New AI and Tokenization Pact in London Talks – Decrypt
The UK and Singapore strengthened collaboration on AI and tokenization during financial talks, focusing on Project Guardian and Global Layer One initiatives to enhance digital finance and regulatory alignment.
IRS Faulted Over Crypto Seizure Records — Here’s What to Know
The IRS faces criticism for poor documentation of seized crypto assets, with missing records and lost hardware wallets, per a Treasury Inspector General report.
Ripple USD Finds First Banking Partner as Swiss Bank Amina Offers RLUSD Access – Finance Bitcoin News
Amina Bank becomes the first global banking partner for Ripple USD (RLUSD), marking a significant step in regulated digital asset adoption and institutional crypto integration.
Crypto Investors Overwhelmingly Back Trump’s Crypto Policies as Top Altcoins Could Surge – Brave New Coin
A HarrisX poll shows 73% of crypto investors approve of Trump’s pro-crypto policies, boosting market optimism. Bitcoin surged 60% since his election, with altcoins like BTC Bull Token gaining attention.
JPMorgan Sees Stablecoin Outlook as Less Rosy Than Bulls Think
JPMorgan predicts stablecoin market will reach $500b by 2028, dismissing trillion-dollar forecasts as overly optimistic. The bank cites limited mainstream adoption and primary use in crypto trading as growth barriers.
Ripple News Today: Amina Bank Partners with Ripple to Launch RLUSD Services—Boosting Ripple Reach and XRP Utility – Brave New Coin
Ripple partners with AMINA Bank to launch RLUSD services, expanding its regulated stablecoin into European finance. The collaboration enhances XRP utility and institutional adoption of blockchain solutions.
