Trump Pushes for Swift Passage of #GENIUSActPass GENIUS Act as Stablecoin Bill Sparks House Debate
19. Jun 2025 Posted by Laurent C. on News

Former U.S. President Donald Trump is calling on lawmakers in the House of Representatives to urgently approve the GENIUS Act, a landmark stablecoin bill that passed the Senate in a 68-30 vote on Tuesday. The bill aims to set a nationwide regulatory framework for the issuance and oversight of stablecoins—a fast-growing segment in the cryptocurrency world.
Calling the legislation “incredible” and a step toward making the U.S. the “UNDISPUTED Leader in Digital Assets,” Trump posted on Truth Social Wednesday:
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Despite the Senate's bipartisan support, the GENIUS Act now enters more turbulent waters in the House, where divisions remain. Some lawmakers support the bill as-is, while others want to merge it with broader crypto legislation, including the CLARITY or STABLE Acts, in a bid to address regulatory gaps and increase bipartisan backing. Meanwhile, a separate proposal—the STABLE Act, backed by House Republicans—offers a competing approach to stablecoin oversight, with stricter regulatory provisions. The internal GOP debate may delay action, even as Senate Republicans press for final passage by July 4. One source of controversy is the Trump family’s own involvement in digital assets. Critics argue that the GENIUS Act, even after amendments addressing conflicts of interest, still permits the president and vice president—and their families—to have stakes in stablecoin ventures. Among the most high-profile examples is USD1, a stablecoin issued by World Liberty Financial, a platform linked to the Trump family. Now the eighth-largest stablecoin by market cap, USD1 has drawn scrutiny from lawmakers like Senator Elizabeth Warren. “If Congress doesn’t fix this, billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg could launch their own stablecoins, track
A new earthquake in the crypto market! Binance officially announces the removal of 4 cryptocurrencies from spot trading, as part of its periodic review of quality and transparency standards. The decision sparked a massive wave of volatility in the market!🔻 Removed cryptocurrencies:• ALPACA – Alpaca Finance• PDA – PlayDapp• VIB – Viberate• WING – Wing Finance🗓️ Date of implementation: May 2, 2025 – 3:00 AM GMT.🔁 All open orders will be automatically canceled.📉 Despite the removal, the ALPACA coin witnessed a crazy surge of +1800% within hours, before collapsing again amidst violent trading chaos!⚠️ If you own any of these coins:• Review your wallet• Keep an eye on deposit and withdrawal cut-off times• Do not take risks amidst the coming wave of volatility!📌 Binance confirms that the removal was due to weak liquidity, a drop in trading volume, and compliance issues.#BTCbelow100k $BTC $ETH $XRP
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In the past month, ETH has been trying to break through $3,000 but failed every time. But I think it may break through $3,000 this month. What do you think?
In the past month, ETH has been trying to break through $3,000 but failed every time. But I think it may break through $3,000 this month. What do you think?
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The move was made official through a Form 40-F filing with the U.S. Securities and Exchange Commission (SEC), signaling the company’s intent to step onto the U.S. public stage while maintaining compliance under Canadian disclosure rules. Sol Strategies currently holds over 420,000 SOL tokens—valued at approximately $72 million—positioning it as one of the largest institutional Solana holders in the public market. Already listed on the Canadian Securities Exchange, Sol Strategies has taken a two-pronged approach to Solana: building a treasury and operating validators. Its aggressive accumulation strategy echoes the playbook of firms like MicroStrategy, which has amassed over $62 billion in Bitcoin, and reflects the growing appeal of crypto-native assets as long-term balance sheet holdings. CEO Leah Wald, who recently announced a $500 million convertible note facility with ATW Partners in April, described the financing as “unprecedented in the Solana ecosystem.” The firm also filed a $1 billion shelf prospectus with Canadian regulators in May, hinting at future expansion and capital-raising efforts. However, Sol Strategies is entering an increasingly crowded field. Nasdaq-listed DeFi Development Corp. currently leads the public Solana race, holding over 620,000 SOL worth roughly $87 million. That firm was recently forced to pull back a $1 billion registration attempt after the SEC flagged incomplete financial disclosures—a reminder of the regulatory minefield firms must navigate when integrating crypto into their core treasury strategies. Despite the risks—from cybersecurity and compliance hurdles to crypto market swings—Sol Strategies sees Solana as a long-term asset worth holding. The sixth-largest cryptocurrency is currently trading at $145.99, down 8.1% this week amid broader market headwinds. Market watchers interpret Sol Strategies’ Nasdaq filing as another signal that institutional interest in Solana and related blockchain infrastructure is growing—though not without scrutiny. As the regulatory landscape evolves $BTC
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Tether CEO Paolo Ardoino Expresses Strong Support for BitcoinAccording to Odaily, Tether's CEO Paolo Ardoino recently shared his views on Bitcoin during an interview with CNBC. Ardoino expressed his admiration for Bitcoin, distinguishing it from other cryptocurrencies and likening it to 'new gold.'
#USNationalDebt أ أخر الاخبار Elon Muskمجلس الدوما الروسي أعلن أن وزارة الخارجية تلقت طلبًا رسميًا من ماسك للجوء السياسي، وأنه سيُبت فيه خلال ثلاثين يومًا.أحد النواب الروس صرّح قائلًا: "سننظر في وضعه كلاجئ سياسي، ثم نقرر منحه الجنسية الروسية."لماذا يطلب ماسك اللجوء السياسي؟الاحتمالات متعددة:يواجه تحقيقات فيدرالية قد تهدد مستقبله القانوني.يتعرض لضغوط سياسية وإعلامية تتهمه بتسريب معلومات أو التعاون مع جهات أجنبية.ربما يسعى للتخلص من الهيمنة الأمريكية على مشاريعه.أو لعلّها مجرد مناورة محسوبة في لحظة حرجة.أما اختيار روسيا تحديدًا، فليس عبثًا.موسكو تدرك الرمزية الضخمة التي تحملها مثل هذه الخطوة:استقبال شخصية مثل إيلون ماسك لا يعني فقط كسب عقل تقني لامع، بل توجيه صفعة دعائية مدوية لواشنطن، وتقديم صورة رمزية على أن "أيقونة وادي السيليكون" وجدت الأمان في أحضان الكرملين.هذه الخطوة قد تقلب صورة ماسك رأسًا على عقب:من رائد في مجال الفضاء والطاقة إلى لاجئ سياسي مطارد.$BTC $BNB #USNationalDebt
$BTC # South Korea’s top financial regulator has unveiled a policy roadmap to introduce spot cryptocurrency ETFs by late 2025, signaling a sharp pivot from the country's historically cautious stance on digital assets.
In a briefing submitted Thursday to the Presidential Committee on Policy Planning, the Financial Services Commission (FSC) detailed its intention to legalize and regulate spot crypto ETFs—previously banned on concerns over market volatility and asset suitability. The move aligns with the broader pro-crypto shift under President Lee Jae-myung, whose administration has prioritized integrating digital assets into the mainstream financial system.
According to state media reports, the FSC’s roadmap includes robust investor protection measures, ranging from custodial oversight to ETF valuation protocols. It also proposes lifting the longstanding ban on Korean won-denominated stablecoins—a policy blamed for capital flight and limiting local fintech innovation.
“The risks tied to the intersection of financial and virtual asset markets, as well as the macroeconomic implications and investor advantages, are all being assessed,” the FSC stated in its filing. However, the commission acknowledged that many of the outlined policies remain in the early stages and are subject to parliamentary review.
#SwingTradingStrategy South Korea’s top financial regulator has unveiled a policy roadmap to introduce spot cryptocurrency ETFs by late 2025, signaling a sharp pivot from the country's historically cautious stance on digital assets.
In a briefing submitted Thursday to the Presidential Committee on Policy Planning, the Financial Services Commission (FSC) detailed its intention to legalize and regulate spot crypto ETFs—previously banned on concerns over market volatility and asset suitability. The move aligns with the broader pro-crypto shift under President Lee Jae-myung, whose administration has prioritized integrating digital assets into the mainstream financial system.
According to state media reports, the FSC’s roadmap includes robust investor protection measures, ranging from custodial oversight to ETF valuation protocols. It also proposes lifting the longstanding ban on Korean won-denominated stablecoins—a policy blamed for capital flight and limiting local fintech innovation.
“The risks tied to the intersection of financial and virtual asset markets, as well as the macroeconomic implications and investor advantages, are all being assessed,” the FSC stated in its filing. However, the commission acknowledged that many of the outlined policies remain in the early stages and are subject to parliamentary review.