Syed_Traders_20
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🚨Breaking News🚨
$BTC $ETH $XRP
Top News:
1. GENIUS Act becomes law:
• President Trump signed the GENIUS Act on July 18, 2025 as the first federal framework for stablecoins, with reserve backing requirements, monthly audits, and anti‑money‑laundering regulation.
• Trump declared it the "breakthrough for American dominance of global finance and crypto technology," topping the so‑called "Crypto Week."
2. Crypto market cap surges past $4 trillion:
• The world crypto market exceeded $4 trillion with the passage of the GENIUS Act.
• Bitcoin reached an all‑time high at about $123k, Ether surged (+20% this week to $3,500 - 3,700) and most leading altcoins are in the black.
3. Three bills on crypto move forward:
• Two other acts, the Digital Asset Market Clarity Act and the Anti‑CBDC Surveillance State Act, were also passed by the House along with the GENIUS Act.
• They seek to characterize regulatory clarity and ban a Federal Reserve central bank digital currency (CBDC). All are currently sitting in wait on Senate action.
4. Large banks look to stablecoins:
• In the wake of the new stablecoin legislation, large U.S. banks such as Bank of America, Morgan Stanley, Citigroup, and JPMorgan are gearing up or exploring stablecoin issuance.
#GENIUSAct #PowellVsTrump #CryptoWeek #GENIUSAct #CLARITYAct #TrumpCrypto #DigitalAssets #Stablecoin #CryptoLegislation #BitcoinBoom #FinancialFreedom #GENIUSActPass #BinanceCommunity #StablecoinRegulation #DigitalAssetInnovation #turmp
Top News:
1. GENIUS Act becomes law:
• President Trump signed the GENIUS Act on July 18, 2025 as the first federal framework for stablecoins, with reserve backing requirements, monthly audits, and anti‑money‑laundering regulation.
• Trump declared it the "breakthrough for American dominance of global finance and crypto technology," topping the so‑called "Crypto Week."
2. Crypto market cap surges past $4 trillion:
• The world crypto market exceeded $4 trillion with the passage of the GENIUS Act.
• Bitcoin reached an all‑time high at about $123k, Ether surged (+20% this week to $3,500 - 3,700) and most leading altcoins are in the black.
3. Three bills on crypto move forward:
• Two other acts, the Digital Asset Market Clarity Act and the Anti‑CBDC Surveillance State Act, were also passed by the House along with the GENIUS Act.
• They seek to characterize regulatory clarity and ban a Federal Reserve central bank digital currency (CBDC). All are currently sitting in wait on Senate action.
4. Large banks look to stablecoins:
• In the wake of the new stablecoin legislation, large U.S. banks such as Bank of America, Morgan Stanley, Citigroup, and JPMorgan are gearing up or exploring stablecoin issuance.
#GENIUSAct #PowellVsTrump #CryptoWeek #GENIUSAct #CLARITYAct #TrumpCrypto #DigitalAssets #Stablecoin #CryptoLegislation #BitcoinBoom #FinancialFreedom #GENIUSActPass #BinanceCommunity #StablecoinRegulation #DigitalAssetInnovation #turmp
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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