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Summary of major cryptocurrency news in the United States
✔️US House passes all three cryptocurrency-related bills.
- Stablecoin GENIUS bill moves to Trump, CLARITY bill is pending in the Senate
↳ CLARITY Bill: 78 Democratic lawmakers in favor ➡️ Passed 294:134
↳ Genius Bill: 102 Democratic lawmakers in favor ➡️ Passed 308:122
↳ CBDC prohibition bill: 2 Democratic lawmakers in favor ➡️ 219:210 passed
✔️Trump pushes to allow cryptocurrency, gold, and private equity in $9 trillion retirement fund.
- According to a report by the Financial Times, Trump is expected to sign an executive order this week allowing alternative investments such as cryptocurrencies, gold, and private equity in retirement accounts like the $9 trillion 401(K).