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President Trump Signs First Major U.S. Law on Digital Currencies:
U.S. President Donald Trump has signed the first major legislation on digital currencies or cryptocurrencies, turning it into law. This legislation will now enable people to directly transfer money to one another using online systems.
Mr. Trump signed the bill—called the “Genius Act”—on Friday during a gathering at the White House, which was attended by several Republican lawmakers and leading figures from the digital industry who support the bill.
The official name of this legislation is “National Guideline for Innovation in U.S. Digital Currency,” but it is popularly known by its acronym GENIUS.
While signing the bill, Mr. Trump told attendees:
> “This afternoon, we are taking a major step that will further strengthen America’s leadership in global crypto technology and finance.”
He added:
“The GENIUS Act establishes a simple and clear legal framework that paves the way for the growth of stablecoins backed by the U.S. dollar. This could be the most significant revolution in financial technology since the creation of the internet.”
Stablecoins are a type of digital currency specifically designed to have a more stable value compared to other cryptocurrencies like Bitcoin, which can fluctuate wildly.
Dollar-backed stablecoins, also known as digital dollars, are pegged to the U.S. dollar, meaning each unit of stablecoin will have a value equivalent to one U.S. dollar.
David Six, the White House's top official on digital currencies, stated during Friday’s event:
> “For every digital dollar, the user will have a one-dollar guarantee in the U.S. Federal Reserve. Whenever they wish, users will be able to convert digital currencies back into physical U.S. dollars.”
Let me know if you'd like this in a formal press release format or simplified version.
#CryptoNewss
#BTC
#StablecoinLaw
U.S. President Donald Trump has signed the first major legislation on digital currencies or cryptocurrencies, turning it into law. This legislation will now enable people to directly transfer money to one another using online systems.
Mr. Trump signed the bill—called the “Genius Act”—on Friday during a gathering at the White House, which was attended by several Republican lawmakers and leading figures from the digital industry who support the bill.
The official name of this legislation is “National Guideline for Innovation in U.S. Digital Currency,” but it is popularly known by its acronym GENIUS.
While signing the bill, Mr. Trump told attendees:
> “This afternoon, we are taking a major step that will further strengthen America’s leadership in global crypto technology and finance.”
He added:
“The GENIUS Act establishes a simple and clear legal framework that paves the way for the growth of stablecoins backed by the U.S. dollar. This could be the most significant revolution in financial technology since the creation of the internet.”
Stablecoins are a type of digital currency specifically designed to have a more stable value compared to other cryptocurrencies like Bitcoin, which can fluctuate wildly.
Dollar-backed stablecoins, also known as digital dollars, are pegged to the U.S. dollar, meaning each unit of stablecoin will have a value equivalent to one U.S. dollar.
David Six, the White House's top official on digital currencies, stated during Friday’s event:
> “For every digital dollar, the user will have a one-dollar guarantee in the U.S. Federal Reserve. Whenever they wish, users will be able to convert digital currencies back into physical U.S. dollars.”
Let me know if you'd like this in a formal press release format or simplified version.
#CryptoNewss
#BTC
#StablecoinLaw
The head of digital assets in the United States says:
"The United States is committed to passing legislation for the structure of the crypto market by September."
This will establish transparency, trust, and a legal foundation for the crypto sector.
Markets are awaiting regulatory clarity — and this step is considered a significant advancement.
#crptonews
"The United States is committed to passing legislation for the structure of the crypto market by September."
This will establish transparency, trust, and a legal foundation for the crypto sector.
Markets are awaiting regulatory clarity — and this step is considered a significant advancement.
#crptonews
The US CPI data will be announced shortly. If the news is positive, it will have a significant impact on the crypto market.
Be cautious with your trades.
#TradeStories
#StaySafeInTheCryptoWorld
Be cautious with your trades.
#TradeStories
#StaySafeInTheCryptoWorld
Breaking: Standard Chartered Bank predicts that the price of Binance Coin ($BNB**) will reach $2,775 by 2028.
#BNB_Market_Update
#BNB_Market_Update
Trump's Latest Remarks Last Night:
"I want crypto, because if we don't do it, China will."
"During the recent market decline, the crypto market was stronger than stocks — it's very popular!"
Trump announced a 100% tariff on foreign films. He also said he wants a fair trade deal with China
#CrypoCommunity
"I want crypto, because if we don't do it, China will."
"During the recent market decline, the crypto market was stronger than stocks — it's very popular!"
Trump announced a 100% tariff on foreign films. He also said he wants a fair trade deal with China
#CrypoCommunity
Today, very important economic data will be announced. This data will have a significant impact on the crypto market, and the market will definitely experience either a pump or a dump. The data will be announced today at 12:30 UTC.
US:
1. Average Hourly Income.
2. Non-Farm Employment.
3. Unemployment Rate.
#CryptoNewss
#EconomicAlert
#economy
US:
1. Average Hourly Income.
2. Non-Farm Employment.
3. Unemployment Rate.
#CryptoNewss
#EconomicAlert
#economy
Eric Trump has recently warned: "The banks that do not accept crypto will disappear within the next 10 years!"
The progress of crypto is unstoppable, and those who do not adapt to it will be left out of the game!
#CryptoNewss
The progress of crypto is unstoppable, and those who do not adapt to it will be left out of the game!
#CryptoNewss
Latest News from the TOKEN2049 Conference: VanEck CEO says, "We hope the Solana ETF will be approved soon." If the Solana ETF is approved, it will be a major development for Solana and the entire crypto market!
#Token2049Experts
#Token2049Experts
A Major Conference in Crypto History!
The global TOKEN2049 conference is currently underway in Dubai, bringing together the star leaders of the crypto world!
— Executives from BlackRock, VanEck, and CME Group
— Discussion Topic: "How Major Financial Institutions Are Reshaping the Crypto Market"
— Moderator: Bloomberg journalist Eric Balchunas
This grand conference is being held from April 30 to May 1, 2025, at Madinat Jumeirah, Dubai, with over 15,000 attendees and participation from the world’s most important crypto companies.
TOKEN2049 is not just a conference — it is a crucial step toward the future of crypto, where capital, ideas, and technology come together.
Crypto is not only transforming — it’s gaining strength!
#Token2024Dubai
The global TOKEN2049 conference is currently underway in Dubai, bringing together the star leaders of the crypto world!
— Executives from BlackRock, VanEck, and CME Group
— Discussion Topic: "How Major Financial Institutions Are Reshaping the Crypto Market"
— Moderator: Bloomberg journalist Eric Balchunas
This grand conference is being held from April 30 to May 1, 2025, at Madinat Jumeirah, Dubai, with over 15,000 attendees and participation from the world’s most important crypto companies.
TOKEN2049 is not just a conference — it is a crucial step toward the future of crypto, where capital, ideas, and technology come together.
Crypto is not only transforming — it’s gaining strength!
#Token2024Dubai
The company behind the USDC digital coin, Circle, has been officially granted a license to provide financial services in Abu Dhabi, United Arab Emirates.
#CryptoNewss
#CryptoNewss
News: Mastercard has now made it possible for merchants to settle payments using cryptocurrency stablecoins.
#CryptoNewss
#CryptoNewss
News: The CEO of Europe's largest Bitcoin custodian company has stated that Bitcoin may become the world's primary store of value, and its price could reach between $5 million to $10 million in the next 20 years.
#bitcoin
#CryptoNewss
#bitcoin
#CryptoNewss
Roya became the first Islamic bank to offer its customers the ability to buy and sell Bitcoin on a global scale.
#CryptoNewss
#CryptoNewss
Can Russia Launch the BRICS Currency?
As global powers look for alternatives to the U.S. dollar, BRICS has surfaced as a potential force with its proposal for a shared currency. But how realistic is this vision — especially with Russia at the helm?
Despite pushing for a BRICS currency, Russia’s current situation tells another story:
Economically, Russia is under heavy sanctions, with a weakened ruble and shrinking foreign reserves. How can a fragile economy lead a new global financial project?
Politically, Moscow's international standing has dropped significantly due to its actions in Ukraine and widespread human rights concerns. Even within BRICS, support is cautious at best.
Regionally, Russia’s influence in Central and South Asia is diminishing. Once close allies are now questioning its reliability.
Internally, BRICS nations have diverse economic goals. Without institutional harmony and a stable roadmap, a unified BRICS currency remains a theoretical ambition.
#economy
As global powers look for alternatives to the U.S. dollar, BRICS has surfaced as a potential force with its proposal for a shared currency. But how realistic is this vision — especially with Russia at the helm?
Despite pushing for a BRICS currency, Russia’s current situation tells another story:
Economically, Russia is under heavy sanctions, with a weakened ruble and shrinking foreign reserves. How can a fragile economy lead a new global financial project?
Politically, Moscow's international standing has dropped significantly due to its actions in Ukraine and widespread human rights concerns. Even within BRICS, support is cautious at best.
Regionally, Russia’s influence in Central and South Asia is diminishing. Once close allies are now questioning its reliability.
Internally, BRICS nations have diverse economic goals. Without institutional harmony and a stable roadmap, a unified BRICS currency remains a theoretical ambition.
#economy
Breaking News: Circle has announced its new payment platform "CPN." This network will connect financial institutions, banks, and digital wallets to enable real-time cross-border payments using USDC, EURC, and other compliant stablecoins.
#CryptoNewss
#CryptoNewss
Breaking News: Crypto advocate Paul Atkins was officially sworn in today as the 34th Chairman of the SEC. He is known as a supporter of Bitcoin and digital assets, and this shift is seen as a positive step for the crypto market.
#CryptoNewss
#CryptoNewss
Breaking News: Today, $1.5 trillion has been wiped out from the U.S. stock market, while at the same time, $60 billion has flowed into the crypto market.
#CryptoNews
#CryptoNews
Positive News: In South Korea, one out of every three wealthy individuals now owns cryptocurrency. According to the Hana Financial Institute, wealthy people believe that crypto will grow, and they are confident that the market is maturing and becoming more stable.
#CryptoNewss
#CryptoNewss
Breaking News: President Trump says he is very confident about a new trade agreement with the European Union.
#EconomicAlert
#EconomicAlert
Important Crypto Market News from the Last 24 Hours:
Eric Semler, CEO of Semler Scientific, has said he is enthusiastic about purchasing more Bitcoin. The company has filed an S-3 form with the SEC, aiming to raise up to $500 million, most of which will be used to buy Bitcoin and for general corporate purposes.
Strive has urged Intuit to include Bitcoin as part of its treasury reserves to hedge against risks from artificial intelligence.
Metaplanet has issued 0% interest bonds worth $10 million to purchase Bitcoin.
OKX has officially launched its U.S.-based crypto exchange and activated the OKX Wallet, with a regional office opened in San Jose, California.
Mantra CEO John Mullin announced that all team-held tokens will be burned in an effort to regain community trust after the sudden price drop of $OM.
Brazilian company Méliuz plans to expand its Bitcoin acquisition strategy further, with a shareholder meeting on May 6 to consider adopting Bitcoin as a treasury asset.
On April 15, approximately 903 BTC were bought, while 8,750 ETH were sold.
Spot gold prices have surpassed $3,300 per ounce, marking a new all-time high.
Bitcoin's market dominance has reached a four-year high, while Ethereum’s share has declined.
China's Ministry of Foreign Affairs has responded to the U.S.’s 245% tariff announcement, calling on Washington to clarify the issue and stop using threats and coercion.
Bitcoin is hovering around $85,000, and traders are optimistic it could rise to $90,000, driven by tariff news and global economic developments.
Jerome Powell: “Despite heightened uncertainty and risks, the U.S. economy remains strong.”
Panama City Council has approved the acceptance of crypto payments.
BlackRock has purchased an additional $13 million worth of Bitcoin today.
South Korean presidential candidate Hong Joon-pyo has pledged to ease crypto regulations like during the Trump era and to make blockchain a key national industry.
#CryptoNewss
Eric Semler, CEO of Semler Scientific, has said he is enthusiastic about purchasing more Bitcoin. The company has filed an S-3 form with the SEC, aiming to raise up to $500 million, most of which will be used to buy Bitcoin and for general corporate purposes.
Strive has urged Intuit to include Bitcoin as part of its treasury reserves to hedge against risks from artificial intelligence.
Metaplanet has issued 0% interest bonds worth $10 million to purchase Bitcoin.
OKX has officially launched its U.S.-based crypto exchange and activated the OKX Wallet, with a regional office opened in San Jose, California.
Mantra CEO John Mullin announced that all team-held tokens will be burned in an effort to regain community trust after the sudden price drop of $OM.
Brazilian company Méliuz plans to expand its Bitcoin acquisition strategy further, with a shareholder meeting on May 6 to consider adopting Bitcoin as a treasury asset.
On April 15, approximately 903 BTC were bought, while 8,750 ETH were sold.
Spot gold prices have surpassed $3,300 per ounce, marking a new all-time high.
Bitcoin's market dominance has reached a four-year high, while Ethereum’s share has declined.
China's Ministry of Foreign Affairs has responded to the U.S.’s 245% tariff announcement, calling on Washington to clarify the issue and stop using threats and coercion.
Bitcoin is hovering around $85,000, and traders are optimistic it could rise to $90,000, driven by tariff news and global economic developments.
Jerome Powell: “Despite heightened uncertainty and risks, the U.S. economy remains strong.”
Panama City Council has approved the acceptance of crypto payments.
BlackRock has purchased an additional $13 million worth of Bitcoin today.
South Korean presidential candidate Hong Joon-pyo has pledged to ease crypto regulations like during the Trump era and to make blockchain a key national industry.
#CryptoNewss
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