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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $TQ $GOCHU $VELAAI $BUBB $XPRESS
Trending Coins🔥 $ZBCN $TQ $WCT $EIGEN $MXC
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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke - 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
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BREAKING: The US Senate has rejected the Cryptocurrency-Friendly GENIUS Act! Here are the details.
The US Senate has put to a vote the GENIUS Act, a stablecoin bill expected to shape the future of the crypto sector. However, the bill was rejected with 48 "yes" votes and 49 "no" votes.
Senator Cynthia Lummis expressed her disappointment in a statement following the vote:
"Today, I am deeply disappointed that we could not pass this important stablecoin legislation prepared through the joint efforts of the two parties. Digital assets are shaping the future of the financial world, and America must be a leader in this field. I thank President Trump, Senator Gillibrand, Leader Thune, President Scott, and Senator Hagerty for their commitment to keeping digital asset companies and jobs in our country. We must continue to advance the regulations that will maintain America's dollar dominance and make our country the crypto capital."
Democratic Senator Mark Warner (Virginia) stated in a separate statement that the content of the law has not yet been finalized, emphasizing the following:
"Stablecoins undoubtedly have a place in the future of finance. The US should set the standard for responsible innovation in this area. We have made significant progress with the GENIUS Act, but the text of the law is not yet complete. In its current form, it is not possible for me to ask my colleagues to vote for this bill. I am determined to work towards strengthening the law, and I hope that next week we can evaluate the final version and bring the process to the Senate floor."
It is expected that the bill will come up for discussion again in the Senate in the future and be voted on after amendments are made.