List of Flash News about stablecoin bill
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2025-07-08 03:14 |
US Crypto Bill Deadline Set for Sept 30 as Recession Fears on Polymarket Drop to 22%
According to @WhiteHouse, a new deadline for the U.S. crypto market structure bill has been set for September 30, a timeline confirmed by Senate Banking Committee Chairman Tim Scott. This development provides traders with a clearer timeframe for potential regulatory clarity, although disagreements with the House over a separate stablecoin bill could still introduce delays. In parallel, macroeconomic sentiment is improving, with the odds of a 2025 U.S. recession on the crypto prediction platform Polymarket falling to 22%, the lowest since February. This drop from a high of 66% in April, as cited in the report, reflects easing trade tensions and a more optimistic outlook from firms like Goldman Sachs, suggesting an increased risk appetite that could be favorable for assets like Bitcoin (BTC) and Ethereum (ETH). |
2025-07-08 03:14 |
US Crypto Legislation on Fast Track for September 30 as Recession Fears Plunge, Boosting Market Outlook
According to @WhiteHouse, a key U.S. Senator has committed to a September 30 deadline for finalizing the crucial crypto market structure bill, providing a clearer timeline for regulatory clarity. Senator Tim Scott confirmed this accelerated schedule to a White House crypto adviser, a move supported by the administration which is also pushing for the House to quickly pass the Senate's stablecoin legislation. This potential for regulatory progress comes as macroeconomic fears subside, with recession odds for 2025 on the prediction market Polymarket dropping to a multi-month low of 22%. The combination of clearer legislative timelines and diminishing economic concerns may reduce uncertainty and create a more favorable environment for digital assets like Ethereum (ETH), which is currently trading around $2,557 amidst minor daily fluctuations. |
2025-07-08 03:14 |
U.S. Crypto Legislation Deadline Set for Sept. 30 as Recession Odds on Polymarket Plummet to 22%
According to @WhiteHouse, two significant developments are influencing the cryptocurrency market. Firstly, U.S. Senator Tim Scott announced a new target deadline of September 30 for completing the U.S. crypto market structure bill, signaling a push for regulatory clarity sooner than some lawmakers had predicted. This accelerated timeline could potentially resolve long-standing uncertainty for crypto investors. Secondly, macroeconomic fears are subsiding, as evidenced by odds on the crypto prediction platform Polymarket for a 2025 U.S. recession dropping to just 22%, the lowest since February. This marks a sharp reversal from a peak of 66% in April, a sentiment shift also reflected by Goldman Sachs lowering its recession probability. These factors create a more favorable backdrop for digital assets, occurring as Ethereum (ETH) is trading around $2,563, having seen modest volatility over the past day. |
2025-07-08 03:14 |
US Crypto Bill Targets September 30 Deadline as Recession Odds on Polymarket Plummet to 22%
According to @WhiteHouse, U.S. Senator Tim Scott has set a new target deadline of September 30 for completing a comprehensive crypto market structure bill, a move that could provide significant regulatory clarity for the digital asset space. This timeline was confirmed to a White House crypto adviser, although it faces potential hurdles from disagreements with the House on a separate stablecoin bill and a lack of matching urgency from the Senate Agriculture Committee, as per the source. Simultaneously, the macroeconomic outlook is improving for risk assets like cryptocurrencies, with betting odds on a 2025 U.S. recession plunging to 22% on the prediction market Polymarket, their lowest point since February. This decline in recession fears, down from a high of 66% in April, is attributed to easing trade tensions. In the current market, Ethereum (ETH) is trading around $2,557, down 0.24% over 24 hours, while its ratio against Bitcoin (ETH/BTC) has decreased by 1.14%, indicating slight underperformance against the leading cryptocurrency. |
2025-07-07 23:32 |
US Crypto Market Structure Bill Faces September 30 Deadline, Senator Scott Reveals Amid White House Pressure
According to @StockMKTNewz, U.S. Senator Tim Scott has set a new September 30 deadline for finalizing the crypto market structure legislation, a timeline he communicated to a White House crypto adviser. This development introduces a key date for traders to watch, as regulatory clarity could significantly impact market sentiment. The deadline is later than President Trump's desired August timeline but sooner than a previous year-end estimate from Senator Cynthia Lummis. However, progress is complicated by the House of Representatives, where Representative French Hill indicated that differences between the Senate's GENIUS Act for stablecoins and the House's version require further negotiation. This legislative uncertainty comes as major cryptocurrencies like Ethereum (ETH) experience volatility, with ETHUSDT trading at $2532.42, a 24-hour decrease of 1.86%, according to provided market data. The potential for a prolonged legislative process or a combined, more complex bill adds a layer of risk for investors in the digital asset space. |
2025-07-07 23:30 |
US Crypto Regulation Heats Up: Schiff Targets Trump's Crypto Ties While Fairshake PAC Spends Millions Amidst Market Downturn for ETH, SOL, ADA
According to @FoxNews, the U.S. political landscape for cryptocurrency is growing more complex as Senator Adam Schiff introduced the COIN Act to prohibit officials like Donald Trump from issuing or sponsoring digital assets, citing ethical concerns. This move creates a layer of political uncertainty, even though Schiff himself recently supported a stablecoin bill and is considered an industry ally. In a contrasting move, the crypto-industry's Fairshake super PAC continues its aggressive spending, dropping another $1 million to successfully back a pro-crypto candidate in a Virginia primary, and reportedly still holds a $116 million war chest for future elections. These regulatory and political battles are unfolding as the broader crypto market faces downward pressure, with provided data showing 24-hour price declines for major assets like Ethereum (ETH) at $2532.42 (-1.86%), Solana (SOL) at $147.96 (-2.99%), and Cardano (ADA) at $0.5734 (-2.896%), highlighting the significant market impact of Washington's legislative decisions. |
2025-07-07 17:52 |
US Crypto Legislation Update: Senator Lummis Targets End-of-Year for New Laws Amid Trump's Pro-Crypto Push
According to @rovercrc, U.S. Senator Cynthia Lummis has set a target for completing comprehensive crypto legislation before the end of the current calendar year, a timeline that may extend past a deadline previously suggested by President Donald Trump. Speaking at a Bitcoin Policy Institute event, Lummis expressed confidence but acknowledged significant bipartisan challenges remain for the broader market structure bill, contrasting it with the recent success of the stablecoin legislation in the Senate. Meanwhile, President Trump, speaking at a Coinbase summit, reiterated his administration's commitment to creating "clear and simple" crypto frameworks and supporting the GENIUS Act for stablecoins. For traders, this ongoing legislative process is a key factor to watch, as the establishment of clear U.S. regulations could significantly reduce market uncertainty and provide a bullish catalyst for assets like Bitcoin (BTC) and Ethereum (ETH). |
2025-07-07 05:54 |
US Crypto Regulation Bill Set for Sept 30 Deadline as DOJ Seizes $225M in Illicit Funds
According to @FoxNews, the cryptocurrency market is facing two major developments with significant trading implications. Firstly, U.S. Senator Tim Scott has set a September 30 deadline for completing a comprehensive crypto market structure bill, a move that could provide much-needed regulatory clarity and potentially boost institutional investment. While this timeline is seen as realistic by key lawmakers like Senator Cynthia Lummis, traders should monitor potential delays arising from disagreements between the House and Senate over a separate stablecoin bill. Secondly, the Department of Justice is increasing its enforcement actions, highlighted by a move to seize $225 million in crypto linked to 'pig butchering' scams. Former U.S. Attorney Phil Selden described this as a 'tone-setting case' to protect victims and signal a crackdown on illicit finance. This dual news of impending regulation and stricter enforcement comes as Ethereum (ETH) trades around $2,579, up approximately 2.7% in 24 hours, suggesting a complex but potentially maturing market environment. |
2025-07-07 01:58 |
US Senator Reveals September 30 Deadline for Crypto Market Structure Bill, Impacting BTC and ETH Regulation
According to Eleanor Terrett, U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, has set a new deadline of September 30 for completing the crypto market structure legislation. This timeline, communicated to a White House crypto adviser, is later than President Trump's August goal but sooner than Senator Cynthia Lummis's previous end-of-year prediction. The legislative process faces hurdles, including reconciling the Senate's GENIUS Act for stablecoins with the House's Digital Asset Market Clarity Act and securing bipartisan support. Senator Lummis noted that achieving consensus can be a 'tooth-pulling exercise.' This push for regulatory clarity is a critical development for traders, as it could significantly impact the operational framework for digital assets like Bitcoin (BTC) and Ethereum (ETH) in the United States. Current market data shows BTC trading around $109,429 and ETH near $2,576, both with positive 24-hour gains, highlighting the market's sensitivity to regulatory news. |
2025-07-06 22:32 |
Trump Administration Pledges 'Clear' Crypto Framework, Boosting Bitcoin (BTC) and Stablecoin Hopes Amid Family's Stake Sale
According to @KobeissiLetter, the Trump administration has committed to developing 'clear and simple' market frameworks for cryptocurrency, a move that could significantly impact digital asset trading. In a recorded video for a Coinbase summit, President Trump reiterated his support for dollar-backed stablecoins and the creation of a US Strategic Bitcoin Reserve. This pro-crypto stance surfaces as a U.S. Senate stablecoin bill moves to the House, which could create a more favorable regulatory environment. Concurrently, legal disclosures indicate that an entity affiliated with the Trump family has potentially reduced its stake in the parent company of a crypto firm with its own stablecoin from 60% to 40%. The positive regulatory sentiment may be a contributing factor to recent market movements, with Bitcoin (BTC) trading at $109,239.77 and Ethereum (ETH) at $2,571.01, showing 24-hour gains of 0.944% and 2.058% respectively, according to the provided data. |
2025-07-06 18:02 |
US Senate Targets September 30 for Crypto Market Structure Bill, Boosting Regulatory Clarity Hopes for ETH and Digital Assets
According to @FoxNews, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure legislation, a key development for traders seeking regulatory clarity. This timeline, confirmed by Senator Cynthia Lummis, is faster than previous year-end estimates, signaling accelerated efforts to establish clear rules for digital assets in the U.S. The proposed framework aims to define distinctions between digital securities and commodities and foster innovation through regulatory sandboxes. While the Senate passed the GENIUS Act for stablecoins, the House's strategy remains undecided, creating potential delays. This legislative push towards a comprehensive framework is a significant catalyst for the market, as regulatory certainty is expected to attract institutional investment. The positive sentiment may be reflected in current market activity, with Ethereum (ETH) trading at $2,571.49 against USDT, up 2.188% in 24 hours. |
2025-07-06 17:13 |
Trump Administration Pushes for 'Clear' Crypto Frameworks; Senator Sets September 30 Deadline for US Bitcoin (BTC) Legislation
According to @WhiteHouse, the Trump administration is actively working toward creating 'clear and simple market frameworks' to help the U.S. dominate the future of crypto and Bitcoin (BTC). At a recent summit, Donald Trump reiterated his pro-crypto stance and support for the GENIUS Act, which focuses on dollar-backed stablecoins. From a trading perspective, the most significant development is Senator Tim Scott's announcement of a new September 30 deadline for finalizing a comprehensive crypto market structure bill. While this provides a clearer timeline for regulatory clarity, which is often a bullish signal for the market, potential delays remain. The source notes that the House and Senate must still reconcile differences between their respective crypto bills, a process that could extend beyond the new deadline. The establishment of a firm regulatory framework is a critical catalyst watched by traders, as it could unlock significant institutional investment in digital assets like Bitcoin (BTC) and Ethereum (ETH). |
2025-07-06 04:13 |
US Crypto Bill Deadline Set: Senator Scott Targets September 30 for Market Structure Legislation, Creating Key Timeline for Traders
According to @rovercrc, U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, has established a new target deadline of September 30 for finalizing the crypto market structure legislation. This announcement, made to a White House crypto adviser, provides a clearer timeline for regulatory developments that could significantly impact the digital asset market, including Bitcoin (BTC) and Ethereum (ETH). While this timeline is later than President Trump's initial request, it accelerates the previous year-end prediction from Senator Cynthia Lummis, who has agreed to the new goal, as reported by the source. However, potential delays remain as the House of Representatives has not committed to the Senate's separate stablecoin bill, the GENIUS Act, and the Senate Agriculture Committee's involvement is still required. For traders, this September 30 deadline is a critical date to watch, as regulatory clarity or further delays could introduce significant market volatility. |
2025-07-06 01:29 |
Donald Trump Vows 'Clear and Simple' Crypto Framework, Boosting Bitcoin (BTC) and Stablecoin Regulation Hopes
According to @FoxNews, former U.S. President Donald Trump has reiterated his pro-crypto stance, promising his administration would work towards creating 'clear and simple market frameworks' for the digital asset industry. Speaking at a Coinbase summit, Trump also highlighted support for the GENIUS Act, which focuses on dollar-backed stablecoins, a move that could significantly impact the regulatory landscape for crypto traders and investors. This development comes as reports indicate Trump and his family may have sold a portion of their stake in a crypto firm that operates its own stablecoin, just as the Senate advanced a major stablecoin regulation bill. For traders, a potential Trump administration could signal a more favorable regulatory environment, potentially reducing uncertainty and driving growth for assets like Bitcoin (BTC) and the broader stablecoin market. |
2025-07-05 15:50 |
Trump Pledges Clear Crypto Frameworks & Sells Stake in Stablecoin Firm as US Regulation Advances
According to @FoxNews, Donald Trump has pledged that his administration will work towards creating 'clear and simple' market frameworks for cryptocurrency, signaling a potentially favorable regulatory shift for the industry. This announcement coincides with reports that a company affiliated with Trump and his family, DT Marks DEFI LLC, reduced its stake in World Liberty Financial (WLFI) from 60% to 40%. WLFI is a crypto business with its own stablecoin, and this divestment occurred as the U.S. Senate passed a significant bipartisan stablecoin bill. Trump also voiced support for the GENIUS Act, which promotes dollar-backed stablecoins, and mentioned plans for a U.S. Strategic Bitcoin Reserve. These developments suggest a move towards greater regulatory clarity, which could significantly impact the trading environment for stablecoins and major cryptocurrencies like Bitcoin (BTC) in the United States. |
2025-07-05 15:12 |
Trump Vows 'Clear and Simple' Crypto Framework as Family Reportedly Sells Stake in Stablecoin Firm; Impact on Bitcoin (BTC) Regulation
According to @FoxNews, U.S. President Donald Trump has committed to creating 'clear and simple' market frameworks for cryptocurrency, stating his administration will work to ensure America dominates the future of crypto and Bitcoin (BTC). In a recorded video for Coinbase's State of Crypto Summit, Trump highlighted his pro-crypto stance, which coincides with a bipartisan stablecoin regulation bill passing the Senate. This development occurs as legal disclosures show an entity affiliated with Trump and his family, DT Marks DEFI LLC, has reduced its stake in the parent company of World Liberty Financial, a crypto business with its own stablecoin, from 60% to 40%. The combination of potential regulatory clarity and the President's business ties could significantly influence the trading environment for digital assets, creating a more defined landscape for investors and companies in the U.S. crypto market. |
2025-07-05 01:03 |
Trump Administration Pledges Clear Crypto Framework as Family Reportedly Sells Stablecoin Firm Stake
According to @WhiteHouse, the Trump administration is actively working toward creating 'clear and simple' market frameworks for cryptocurrency and will support the GENIUS Act for dollar-backed stablecoins. This pro-crypto stance was reiterated by Donald Trump at a Coinbase summit. For traders, this signals a potentially favorable regulatory environment for digital assets, including Bitcoin (BTC). However, this development coincides with reports that the Trump family offloaded approximately 20% of their stake in DT Marks DEFI LLC, the parent company of a crypto business with its own stablecoin, as a major stablecoin regulation bill advances through Congress. This move could be interpreted as strategic profit-taking ahead of new compliance requirements. Despite the positive regulatory news, major cryptocurrencies are showing a slight downturn, with BTCUSDT trading at $108,051.76, down 1.17%, and ETHUSDT at $2,516.73, down 2.38% in the last 24 hours. |
2025-07-04 23:39 |
US Crypto Regulation Update: Market Structure Bill Targeted for Sept 30 as Tax Provision Fails in Senate Budget Vote
According to @GOPMajorityWhip, a key crypto tax amendment proposed by Senator Cynthia Lummis was not included in the major budget bill that recently passed the U.S. Senate. The provision aimed to waive capital gains taxes on small-scale crypto transactions. In a separate development crucial for digital asset markets, Senator Tim Scott, Chairman of the Senate Banking Committee, announced a new target date of September 30 for completing the crypto market structure legislation. This timeline is later than the White House's preference but earlier than previous year-end estimates. However, progress on both the market structure and stablecoin bills may face delays due to the need for coordination between the House and Senate, as well as between different Senate committees. This regulatory uncertainty unfolds as Ethereum (ETH) shows volatility, trading around $2,516 after a daily decline of approximately 2.4%, according to market data. |
2025-07-04 15:05 |
US Senate Sets September 30 Deadline for Crypto Regulation Bill, Budget Excludes Crypto Tax Break
According to the White House, a key U.S. Senate committee has set an aggressive September 30 deadline to finalize a comprehensive crypto market structure bill. Senate Banking Committee Chairman Tim Scott confirmed this new timeline to a White House crypto adviser, indicating a strong push for regulatory clarity. This development comes after the Senate passed a major budget bill that, despite lobbying efforts, did not include Senator Cynthia Lummis's proposed amendment to waive capital gains taxes on small-scale crypto transactions. The push for a market structure framework is coupled with calls for the House to quickly approve the Senate-passed GENIUS Act for stablecoins. This mixed regulatory news occurs as Ethereum (ETH) shows bearish sentiment, with its price falling over 4% to around $2,486 according to market data. |
2025-07-04 06:56 |
US Senate Sets September 30 Deadline for Crypto Market Structure Bill, Tax Relief Amendment Excluded
According to @rovercrc, the U.S. Senate has advanced a major budget bill without including Senator Cynthia Lummis's proposed amendment to waive capital gains taxes on small-scale crypto transactions. This development means the crypto tax relief proposal must now be pursued as standalone legislation. In a separate key development for crypto regulation, Senate Banking Committee Chairman Tim Scott announced a new target deadline of September 30 to finalize the comprehensive crypto market structure bill. While this timeline is later than the White House's preference, it provides traders with a more concrete schedule for potential regulatory clarity in the U.S. market. However, potential delays could arise from the need to reconcile the Senate's stablecoin bill with the House's version and secure necessary input from the Senate Agriculture Committee. |