Washington

#Washington #CryptoNewss #BTC
$BTC $ETH $BNB
Washington, D.C., June 17, 2025 – In a landmark move for digital assets, the U.S. Senate today approved the bipartisan GENIUS Act, a pioneering stablecoin regulation bill passed with a resounding 68–30 vote. The bill now heads to the House, where GOP leaders are pushing for swift action before Congress’s August recess.
🔍 What the GENIUS Act Covers
Stablecoin backing: Mandates that stablecoin issuers hold safe, liquid reserves—such as U.S. dollars or Treasury bills—to match every token issued.Consumer protections & AML compliance: Requires issuers to maintain anti-money-laundering compliance, undergo regular audits, and disclose reserve details monthly .Limiting political profiteering: Bans members of Congress and executive officials from issuing stablecoins—but notably exempts the President and his family.
💬 Voices from the Hill
Sen. John Sacks (R) praised the bill as a crucial step in cementing the U.S. dollar’s supremacy in the evolving digital money landscape, calling it “paradigm-shifting” in global financial systems .
Treasury Secretary Scott Bessent, speaking ahead of the vote, said the bill could help stablecoins “grow into a $3.7 trillion market by the end of the decade” —highlighting optimism for explosive sector growth.
From the industry, Coinbase CEO Brian Armstrong and other crypto leaders celebrated the move. Armstrong pointed out it lays the groundwork for bringing digital assets into the regulatory mainstream.
⚠️ Critics Raise Concerns
While hailed as a victory, the bill sparked sharp criticism from progressive voices:
Sen. Elizabeth Warren (D-MA) warned it creates a “super‑highway” for corruption and allows Big Tech to dominate the market.Sen. Jeff Merkley (D-OR) lamented that it “stamps a Congressional seal of approval on President Trump selling access to the government for personal profit”.Several Democrats expressed unease that the bill insufficiently addresses Trump’s crypto interests, including profits from his family’s World Liberty Financial stablecoin.
🌍 Industry Implications
The global stablecoin market currently stands around $240 billion, dominated by U.S.-based USDC and offshore USDT—worth $155 bn and $61.6 bn respectively barrons.com. The GENIUS Act is widely seen as a signal to:
Propel Circle’s USDC forward as the industry’s top U.S.-regulated stablecoin.Deter foreign-based players like Tether by imposing stricter reserve and audit standards.Encourage engagement from financiers such as Visa, Mastercard, Amazon, and Walmart, who have been exploring stablecoin deployment.
📅 Next Steps
The bill now moves to the House, with momentum for passage before the August recess.House Republicans may attempt to expand it with broader crypto reforms, including curbs on SEC authority—a move analysts warn could delay final approval until 2026.Even after House action, it must cross President Trump’s desk. The president has publicly urged for swift signature ahead of the summer break .
📝 Bottom Line
The Senate’s passage of the GENIUS Act marks a major milestone for digital assets in the U.S., delivering long-sought regulatory clarity. By safeguarding reserve integrity and consumer protections, it lays the groundwork for a stablecoin-led boom—potentially transforming a niche market into a $3.7 trillion powerhouse. As the legislative process continues, key questions remain about conflict-of-interest safeguards and control over the crypto landscape.

$TRUMP $BTC

In a dramatic and unexpected turn of events, the U.S. political landscape witnessed a seismic shift today as former rivals joined forces in a historic alliance aimed at reshaping America’s future trajectory. In a surprise press conference held at Capitol Hill, key political figures from both parties stood shoulder-to-shoulder, announcing a bipartisan coalition focused on national innovation, defense tech, and global cooperation.

🤝 Unity Over Division
The alliance, dubbed the “American Forward Pact,” includes senior leaders from the Democratic and Republican parties as well as influential tech and defense executives. Sources indicate that months of secret negotiations led to this announcement, with the aim of accelerating innovation in AI, aerospace, and cybersecurity — sectors where the U.S. faces stiff competition globally.

“We’re putting country over party. This is not about red or blue — it’s about red, white, and blue,” said one senior senator during the address.
🚀 Technology, Defense, and Diplomacy
The pact outlines a roadmap for increased government investment in space exploration, quantum computing, and defense technologies, including partnerships with private giants like SpaceX, Palantir, and Lockheed Martin. There’s also a strong diplomatic dimension, with the coalition seeking to strengthen U.S. ties with allies across the Indo-Pacific and Europe.
🇺🇸 What’s Next
Analysts are calling this a game-changer ahead of the 2026 midterm elections, and global markets have already reacted — with defense and tech stocks seeing a surge within hours of the announcement. Critics, however, warn of overreach and question whether such unity can be sustained amid America’s deep ideological divides.
Nonetheless, this rare display of cross-party collaboration could signal a new era in U.S. leadership — one that focuses on unity, innovation, and strategic dominance on the world stage.#TrumpTariffs #CryptoRoundTableRemarks #Washington #USPolitics #AIPolicy

Sen. Lummis Reintroduces U.S. Strategic Bitcoin Reserve Bill
Senator Cynthia Lummis has reintroduced her plan to reserve strategic Bitcoin assets, which is in step with President Donald Trump’s plan to make the United States a leader in the digital space. 
The bill, called the BITCOIN Act, was first presented in July last year but didn’t pass. Now, Lummis is trying again with a few changes. 
In a post on X, she said the bill will help strengthen America’s financial position by officially making Bitcoin part of the country’s reserves. 
This comes just days after Trump signed an executive order to establish a Bitcoin reserve using seized digital assets.
The bill proposes that the government purchase up to 1 million Bitcoins in five years, making a rough 5% of all the Bitcoin circulation. These holdings will be under the control of the US Treasury and will be stored under protected and decentralized vaults located around the country. 
The purpose of these bills is to pay for it by savaging existing funds from the Federal reserve and Treasury accounts, so taxpayers won’t have to pay for these bills. It also includes strict audits to ensure transparency and prevent the misuse of funds.
Many republican senators are in favor of the bill, like Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn, and Bernie Moreno. 
Meanwhile, Republican candidate for the House of Representatives Nick Begich also put forth a similar bill, which further strengthened the support for the idea. 
Senator Tuberville is confident this will help sustain the economy: “Creating a Strategic Bitcoin Reserve is an important step in making sure the United States remains the strongest economy in the world,” Tuberville said in a recent statement. “There’s no reason why we shouldn’t use Bitcoin to pay down our national debt.”
Trump’s executive order on Bitcoin didn’t authorize new purchases but focused on managing Bitcoin assets that law enforcement has already seized. Additionally, Bitcoin prices have not been performing well. It recently dipped below $70,000 before regaining back to $81,748. Many are skeptical about the government investing in such a fluctuating asset.
Lummis has always been a supporter of Bitcoin and wants it to be part of the U.S financial system. If her bill is approved, it could set the stage for more government involvement in cryptocurrency.
#Washington #BitcoinAct #StrategicCryptoReserve

#UkraineRussiaCeasefire

The Proposal: 30 Days of Ceasefire

After seven hours of negotiations, the Ukrainian and American delegations agreed on a plan that calls for an immediate 30-day ceasefire. This is to apply along the current front lines and could, according to the joint statement from both countries, pave the way for a 'lasting peace'. Ukrainian President Volodymyr Zelensky described the initiative as 'positive' and emphasized that it offers a chance to work on a more comprehensive peace agreement. As part of the deal, the US agreed to immediately resume previously halted military support and intelligence sharing with Ukraine.

The United States has sent a clear message to Japan: If you want to stop the yen from weakening and fix the trade imbalance between our countries, you must raise interest rates. The U.S. Treasury Department has directly urged the Bank of Japan to act more decisively.

Washington Wants a Stronger Yen and Fairer Trade
This directive was outlined in a fresh report to Congress on the state of global currency markets. In it, the Treasury called on Japan's central bank to respond to its current economic conditions — especially growth and inflation — by implementing further rate hikes.
According to Washington, a stronger yen would help narrow the U.S. trade deficit and create fairer conditions for American exporters. Japan’s weak currency has long been seen as an unfair advantage for its export-driven economy.

U.S. Also Targets Japan’s Giant Pension Funds
In addition to calling for rate hikes, the Treasury also criticized Japan’s massive public pension funds. It said they should not make foreign investments to influence the exchange rate. Instead, they should aim for diversified, risk-adjusted returns — not competitive currency manipulation.
Such direct comments on Japan’s monetary policy are rare from the U.S. But the weak yen has remained a long-term concern for Washington. Ultra-low interest rates in Japan are seen as a key reason for its persistently undervalued currency.

Japan Responds Cautiously as U.S. Monitors More Countries
Japan’s Finance Minister Katsunobu Kato offered a measured response, saying the government does not interfere with decisions made by the central bank. He declined to directly comment on the Treasury report and noted that pension funds manage their portfolios independently.
Interestingly, while the U.S. has not formally labeled any country a “currency manipulator” in 2024, Japan remains on its watchlist — alongside China, South Korea, Germany, Switzerland, and several other nations.

Trump Administration Tightens the Screws
This report marks the first full foreign exchange review under Donald Trump’s renewed presidency. The tone is clear: America will closely monitor any signs of currency-driven trade distortions. Treasury Secretary Scott Bessent emphasized that U.S. tolerance for imbalanced macroeconomic policies has ended.
During his first term, Trump was known for taking a tough stance on trade, especially against countries like China and Japan. While tariffs were his primary tool, currency manipulation is now also in focus. The latest report even added Ireland and Switzerland to the watchlist, expanding it to nine countries.

What Does This Mean?
Under a 2015 U.S. law, any country that meets two out of three criteria related to trade and currency automatically lands on the Treasury's monitoring list. While that designation doesn't carry immediate penalties, it increases the pressure — and the risk of retaliatory action.
📉 For now, Japan’s monetary policy — and the fate of the yen — will remain under a global spotlight.

#usa , #Japan , #Washington , #GlobalMarket , #economy

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

In the past two weeks, the U.S. Securities and Exchange Commission (SEC) under President Donald Trump has unexpectedly dropped several lawsuits against major blockchain companies. Investigations into OpenSea, Robinhood, and Uniswap have ended, while lawsuits against Binance and Coinbase have also been respectively paused or dismissed. This brings a wave of optimism to the cryptocurrency industry after years of legal pressure. But is this a complete victory for crypto?

Chaos in the Capital.

Two Israeli Embassy staffers were gunned down in cold blood outside the Capital Jewish Museum in Washington, DC.
The attacker, identified as Elias Rodriguez, reportedly screamed “Free Palestine!” before unleashing deadly gunfire on the Jewish couple.

The scene unfolded in broad daylight—mere blocks from the White House—sending shockwaves through the diplomatic and security communities.

Authorities are scrambling to uncover possible terror links, while tensions in the Middle East appear to be bleeding onto U.S. soil.

Washington is rattled. The world is watching.

#Washington #DC #TRUMP #Attack #Israel

While Bitcoin and Solana actively build policy advocacy organizations in Washington D.C., Ethereum – the world's second-largest blockchain – has chosen a different path: No need to show off, still dominating the center of policy discussions about crypto. So, is Ethereum's silent strategy really effective?

2025 – The year that determines the fate of the crypto industry.

Political observers at #Washington all agree: 2025 will be the most important year in the history of the crypto industry in the U.S. Major bills regarding digital assets are rapidly moving through Congress, regulatory agencies are continuously updating policies, and the White House under President Trump's second term has taken more positive steps towards this industry.