Congress Advances Bitcoin Reserve Bill After Broader Crypto Law Fails
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Circle will pay about $400 million in stock for Tazapay, adding 100+ local payout markets and last-mile banking rails to speed USDC adoption.
Circle President Heath Tarbert urged Congress to fully implement the GENIUS Act and close offshore loopholes so the dollar stays central to digital payments.
CRCL shares fall after the WSJ reports that banks once opposed to stablecoins—such as JPMorgan and Bank of America—are now exploring their own.
President Trump hosted top crypto executives at the White House and urged Congress to pass a fair version of the Clarity Act for clearer industry rules.