U.S. Treasury Pauses $15–20B Bitcoin Sales
U.S. Treasury Secretary Scott Bessent announced the government will halt Bitcoin sales, pausing $15–20B in reserves and reshaping crypto market dynamics.
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U.S. Treasury Secretary Scott Bessent announced the government will halt Bitcoin sales, pausing $15–20B in reserves and reshaping crypto market dynamics.
President Trump enacted the GENIUS Act to regulate dollar-pegged stablecoins, aiming to integrate digital assets into everyday payments and boost transparency.
The U.S. House passed the GENIUS Act by 308-122, setting the first federal rules for stablecoins. President Trump is poised to sign; two other crypto bills await Senate review.
Bitcoin smashed through $120,000 for the first time, hitting a record high amid policy optimism and surging institutional demand.
US Congress is set to regulate stablecoins as their role in global finance grows, marking a pivotal shift for digital assets.