#MyTradingStyle #TrumpCrypto
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The U.S. Senate overwhelmingly approved the GENIUS Act (68–30 vote) on June 17, marking a pivotal step in federally regulating stablecoins. The bill requires issuers to hold full reserves, publish monthly disclosures, and meet AML standards. It now moves to the House, targeting President Trump’s signature by July/August .
Critics like Sen. Elizabeth Warren argue the bill sidesteps ethical concerns, especially related to Trump’s investments in crypto ventures like World Liberty Financial’s USD1 stablecoin.
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Trump Media & Technology Group has filed with the SEC to launch an ETF allocating 75% to BTC and 25% to ETH, with Crypto.com as liquidity provider. The move echoes its May plan to create a “Bitcoin treasury” as part of an “America First” financial strategy .