Crypto

GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo

After bipartisan backing, the GENIUS Act has fallen 48-49 in the Senate, delaying a stablecoin rulebook and leaving oversight to states. Treasury Secretary Scott Bessent says the setback dents dollar sway, while Democrats cite Trump’s $TRUMP gala and USD1-Binance deal as complicating factors.
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Crypto

SOL Strategies Partners with Superstate to Pilot Solana Equity Tokenization on Surging Demand

SOL Strategies has signed an MOU with Superstate to examine placing its listed shares on Solana via the Opening Bell platform. The initiative aligns with BlackRock’s $1.7 billion BUIDL expansion and Robinhood’s EU tokenized stock plans, boosting Solana’s role in compliant, real-time settlement.
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Crypto

Binance Boasts Surplus Reserves, Bolstering Confidence After FTX Fallout

Binance has maintained surpluses across 37 tracked assets, publishing its 30th consecutive proof-of-reserves snapshot. While BTC and BUSD coverage stand at 102% and 206%, the exchange has also partnered with Kyrgyzstan on nationwide crypto payments and backed crypto tourism in Bhutan.
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Crypto

Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Missouri has advanced landmark legislation to scrap capital gains taxes on profits from stocks, property and crypto, retroactive to 2025. The measure, awaiting Gov. Mike Kehoe’s approval, has triggered debate over lost revenue versus potential economic growth and interstate tax competition.
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Crypto

Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead?

Cryptocurrencies have rallied as Trump has unveiled a “maxed-out” U.S.–UK trade deal showing a softer tariff stance. Bitcoin has topped $100,000 and altcoins have followed, though analysts note low volume may bring short-term swings as markets await more details.
The post Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead? appeared first on Cryptonews. …

Crypto

Scott Bessent Ignites Capitol Showdown with Historic Crypto Bill Endorsement

Scott Bessent has told lawmakers in a House hearing that the United States should remain the premier venue for digital assets, praising new crypto proposals and saying stablecoin rules could bolster dollar use. Draft legislation has arrived amid Democratic protests over conflicts of interest.
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