Discussion

• Associated Press Associated Press on x

  Brazil's Congress Passes Bill to Overhaul Environmental Regulations

• @baileymcc Bailey McCann on bluesky

  Stablecoin issuers in my inbox saying passage of the GENIUS Act will lead to a “stablecoin powered financial system” are making me wonder if it's too late to move to costa rica and sell hats to tourists as a full time gig

• @molly.wiki Molly White on bluesky

  More on the GENIUS Act: www.citationneeded.news/issue- 86/

• @molly.wiki Molly White on bluesky

  TL;DR: The GENIUS Act is pretty much assured to imminently become law.  —  The other two bills may yet face hurdles in the Senate, so their future is somewhat less certain, although the crypto lobby has been pushing very hard (particularly on CLARITY).

• @mcwm Mike Murphy on bluesky

  did they call it that so he would think it's about him and sign it [embedded post]

• @bgarlinghouse Brad Garlinghouse on x

  The last major financial regulation bill was passed 15 years ago in response to the 2008 financial crisis.  Tomorrow, the signing of the GENIUS Act cements the US's future in being a leader in truly innovative financial technology - stablecoins.  This moment is a historic one, an…

• @senatorhagerty Senator Bill Hagerty on x

  🚨🚨🚨 The House just passed my bill - The GENIUS Act! This historic legislation will bring our payment system into the 21st century. It will ensure the dominance of the U.S. dollar. It will increase demand for U.S. Treasuries. I look forward to @POTUS signing GENIUS into law - [ima…

• @gopmajoritywhip Tom Emmer on x

  PASSED: The GENIUS Act will create a clear regulatory stablecoin framework for asset innovators to thrive in the U.S., bring our payment system into the 21st century, and preserve the dollar's dominance as the world's reserve currency. A massive WIN! [image]

• @davidsacks47 David Sacks on x

  Massive wins for crypto in the House: GENIUS Act passes 307-122. CLARITY Act passes 294-134. 💪🚀🇺🇸

• @repstephenlynch Rep. Stephen F. Lynch on x

  The so-called “Genius Act” allows Trump to sell access to foreign governments, allows big tech to issue private digital currencies, and devalues the U.S. dollar. Nothing in this bill prevents a taxpayer bailout when the crypto industry inevitably fails. Congress must [video]

• @repmtg Rep. Marjorie Taylor Greene on x

  Remember when Canada froze the truckers (Freedom Convoy) bank accounts and crypto when they protested against vaccine mandates? Canada NOT China. Congress is passing a bill today (GENIUS Act) that that opens the back door to a central bank digital currency (CBDC). The Fed has [im…

• @nic__carter Nic Carter on x

  thinking about my talk entitled “will stablecoins serve or subvert US interests” in the dark days of sep. 2023... oh how things have changed! [image]

• @campbelljaustin Austin Campbell on x

  The Genius act has passed. 306-122 with 4 NV remaining on the R side. 102 Democrats in favor after also bringing in massive support from the Democratic side in the Senate. This is the most important piece of bipartisan financial legislation since Dodd-Frank. A new era begins.

• @laurashin Laura Shin on x

  The real winner of stablecoin regulation? 🏦 The big banks, says @CampbellJAustin. [video]

• @barrysilbert Barry Silbert on x

  After years of advocacy, the GENIUS Act is a historic first step towards meaningful regulatory clarity for the U.S. and for crypto Congrats to all of the policymakers involved in this bipartisan effort. We're proud to have worked alongside many in the industry to get us here

• @dcgco @dcgco on x

  Today's House votes mark a historic step forward for the digital asset industry, bringing much needed progress toward consistent regulatory clarity, a necessary foundation for innovation and long-term growth. Years of industry-wide advocacy are finally paying off. GENIUS 🧠

• @paulcaf Paul Cafiero on x

  What a wild 3 years working on this, what a historic moment. Job not done.

• @cdixon Chris Dixon on x

  The House just made history by passing major legislation on stablecoins (GENIUS Act) and market structure (CLARITY Act) in an overwhelmingly bipartisan way. This is a huge moment for crypto and for all Americans. We're very close to having comprehensive, proactive rules in place

• @reptroydowning Congressman Troy Downing on x

  Congress is finally capitalizing on years of bipartisan, bicameral efforts to bring regulatory clarity for payment stablecoins with today's passage of the GENIUS Act. This is a MAJOR step toward ensuring the U.S. dollar remains the foundation of the global financial system and a

• @rwpusa Richard W. Painter on x

  Nice. But why did @SenJohnKennedy fly off the handle when I testified last week about campaign contributions to Congress from the crypto industry and the President's conflict of interest? Is this bill bought and paid for?

• @repmikecollins Rep. Mike Collins on x

  🚨The GENIUS Act has PASSED🚨 America has been held back by our reluctance to adapt to emerging technologies and digital assets for too long. The passage of the GENIUS Act ensures that the U.S. will lead and dominate in digital asset innovation for decades to come.

• @repyoungkim Young Kim on x

  It doesn't take a GENIUS to understand that regulatory uncertainty stifles innovation. The GENIUS Act is on its way to become law to create a framework to protect consumers, drive innovation, & ensure the U.S. dollar remains the foundation of the global financial system.

• @eleanorterrett Eleanor Terrett on x

  🚨NEW: The GENIUS Act just passed the House in a vote of 308-122 with 102 Democrats voting in favor — again, more than expected. Another big bipartisan win for crypto. Now, onto @GOPMajorityWhip's Anti-CBDC bill.

• @jchervinsky Jake Chervinsky on x

  The GENIUS Act passes the House by a huge margin, 307 - 122. The President will sign it into law tomorrow. We have stablecoin regulation in the USA 🇺🇸 A moment for celebration: the first major crypto bill done in Congress and an opening of the floodgates for value onchain 🎉

• @alexandergrieve Alexander Grieve on x

  And the GENIUS Act passes! The first major piece of crypto legislation to become law when @POTUS signs it tomorrow. 307 House Members (102 Dems!) voted to preserve the US dollar's global role, to update our payment rails, & for America to be the Crypto Capital of the World. [imag…

• @housegop @housegop on x

  The GENIUS Act is headed to the President's desk! House Republicans are protecting consumers and creating a regulatory framework for payment stablecoins. The United States will continue to be a world leader that drives innovation. [image]

• @fund_defi @fund_defi on x

  1/ DEF shares the following statement on GENIUS Act's successful passage in the House with an overwhelming bipartisan supermajority vote of 308-122. [image]

• @stellarorg @stellarorg on x

  The GENIUS Act just passed. Crypto in the U.S. just got its clearest win yet. Thanks to years of work from voices that never gave up, stablecoins are officially on the map. History made. Let's build. [video]

• @faryarshirzad Faryar Shirzad on x

  The GENIUS Act is on its way to the President's desk, with a massive bipartisan vote! This comes right after 78 Democrats joined 216 Republicans on the CLARITY Act. Congress has taken decisive action to advance economic freedom and usher in the next generation of consumer-led [im…

• @adam_minehardt Adam Minehardt on x

  It's finally done! GENIUS Act passes by a vote of 308 to 122. Big vote, with 102 Ds joining 206 Rs to send this bill to @realDonaldTrump to be signed into law tomorrow afternoon. Congrats to all who worked so hard on this over the last 5 years! [image]

• @repbryansteil Bryan Steil on x

  GENIUS Act has passed by a vote of 308-122! Next step: @POTUS's signature

• @_jennielevin Jennie Levin on x

  The GENIUS Act has PASSED the House 308-122 with 102 Democrats in favor!! Historic moment for crypto industry!!! First comprehensive federal law to regulate payment stablecoins — a major breakthrough after years of gridlock. Congratulations everyone!! 🔥🔥🔥

• @secscottbessent Treasury Secretary Scott Bessent on x

  President Trump promised to make America the “crypto capital of the world.” @HouseGOP's actions today to pass the CLARITY Act and send GENIUS to the President's desk keep that promise. @RepFrenchHill and @CongressmanGT should be commended for their leadership, and I look forward

• r/Buttcoin r on reddit

  Breaking News: The cryptocurrency industry reached a major milestone as Congress cleared legislation outlining the first federal rules for stablecoins, a popular form of digital currency.

• r/politics r on reddit

  US House passes stablecoin legislation, sending bill to Trump

• @meehawl.com @meehawl.com on bluesky

  The elderly nepobaby, convicted felon, & serial bankrupt—whose casinos were busted for money laundering—recently grabbed serious real cash by getting donations from crypo chuds and then pardoning them.  Now he wants to funnel retirement money into crypto.  —  www.fincen.gov/news/…

• @vegandroid @vegandroid on bluesky

  Don't worry, Honey.  I bought a picture of a stupid internet monkey.  We're covered.  ❤️ [embedded post]

• @pbshaughnessy Pat Shaughnessy on bluesky

  They just voted to leave every pension fund and 401k-and ultimately taxpayers-holding the bag to bailout Silicon Valley crypto scammers.  Irredeemable scumbags.

• @jeddouglas81 Jed Douglas on bluesky

  Look forward to never retiring because my crypto 401k will be swindled by Don Jr. But I will probably spend my dying days in Alligator Alcatraz for my anti-Trump social media posts, so no loss.

• @touchofray Ray on bluesky

  lol 401k crypto, oh we're gonna be broke broke

• @samnoack Sam on bluesky

  This isn't just a “good” or “bad” thing.  I'm sure Trump and his allies have their personal ulterior motives for it, but most 401k holders will probably take advantage of it to some extent.  —  That said, this will likely make many overpriced stocks crash and crypto go way, WAY u…

• @cryptoskillit @cryptoskillit on x

  $fartcoin and @SappySealsNFT in my 401K.

• @cryptotea_ @cryptotea_ on x

  Trump letting 401k's invest in Bitcoin workers contribute from each paycheck to their 401k retirement account automatically the company they work for matches it to incentivize saving for retirement if they invest $200 of each paycheck their employer will also put $200 to match

• @highyieldharry @highyieldharry on x

  My 401k 100% allocated to private credit, private equity, and crypto is going to stunt on y'all's

• @kellykellam @kellykellam on x

  US Gov going all in on Bitcoin & Altcoins. -Genius Act passed -Clarity Act passed -Housing market open to crypto as collateral -Crypto Reserves Now 401k's to be about to invest in crypto Why important? A 12.4 $ Trillion market opening access to Digital assets. [image]

• @justcalllmec @justcalllmec on x

  Being able to buy crypto in the 401k sounds like another way for the system to finesse more fees tbh

• @kamakuracrypto Kamakura on x

  So all the 401k accounts are now going to invest into my 5k shitter on XYZ launchpad?

• @antoinegara Antoine Gara on x

  Big scoop from team @FT on the much anticipated Trump executive order It aims to open 401k plans not just to private equity funds, as we first reported in May, but alternatives broadly including digital currencies like bitcoin & precious metals like gold https://www.ft.com/...

• r/Buttcoin r on reddit

  Trump to sign an executive order to allow the contamination of retirement funds with crypto

• r/politics r on reddit

  Donald Trump set to open US retirement market to crypto investments

• r/CryptoCurrency r on reddit

  Donald Trump set to open US retirement market to crypto investments

• @drewharwell.com Drew Harwell on bluesky

  One in five Trump nominees and top officials own crypto, which the administration is now basically choosing not to regulate.  Bitcoin's price has surged 70% since the election.  Doesn't get more swamp-drainy than this www.washingtonpost.com/politics/ int... @ence.bsky.social @cqz…

• @washingtonpost.com @washingtonpost.com on bluesky

  Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.

• @timobrien Tim O'Brien on bluesky

  “The Washington Post identified nearly 70 nominees and officials of the Trump administration who held cryptocurrency or have invested in crypto or blockchain companies.  Individual holdings ranged from small investments to at least $120 million.”  —  www.washingtonpost.com/politi…