GOP, CBDCs and Crypto
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Cryptopolitan on MSNUS lawmaker slams GENIUS Bill as CBDC trojan horseUS Congresswoman Marjorie Taylor Greene has warned starkly against the newly introduced GENIUS Act, which she fears will push a forced agenda in the US for a state-backed Central Bank Digital Currency (CBDC).
Movement on the crypto front at the federal level has the potential to usher in substantial change. Here's what it means for your portfolio.
Trump says the U.S. will become the “Crypto Capital of the World” as he signs the GENIUS Act into law, marking a historic pivot in global financial leadership and digital dollar ambitions.
The main reason behind the pulled support was concerns regarding the lack of a “hard ban” on central bank digital currencies (CBDCs). “The GENIUS Act does not follow President Trump’s executive order because it does not ban a CBDC,” said Republican Marjorie Taylor Green in an X post.
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Cryptopolitan on MSNHouse Republicans failed a key vote to advance the GENIUS Act, stalling a major crypto legislative pushHouse Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,
Ga., on why she voted against the GENIUS Act: “The Federal Reserve has been planning a CBDC for years and this will open the door to move you to a cashless
In a decisive move for the future of Bitcoin and crypto in the United States, the House of Representatives has officially passed the Guiding and Establishing
The crypto market cap hit $4 trillion after the US House passed the GENIUS Act and two other key crypto bills with bipartisan support.
The National News Desk asked Rep. Greene in an email Friday at 12:40 p.m. to explain how the GENIUS Act “provides for the backdoor” CBDC but did not receive a response by publication. President Donald Trump is scheduled to sign the bill, which passed the Senate and House of Representatives this week, into law at 2:30 p.m.