In a significant advancement for cryptocurrency regulation, the U.S. Senate has approved the bipartisan GENIUS Act with a vote of 68-30, thereby establishing the inaugural federal regulatory framework for stablecoins, which are digital assets linked to the U.S. dollar. The legislation mandates that issuers must support their tokens with liquid assets such as Treasury bills [...]
Read More »Schiff Makes Big On-Air Admission About His Party’s Biggest 2024 Failure
California Sen. Adam Schiff acknowledged on ABC News that his Democratic Party lost the 2024 election because they failed to stay “laser focused” on the high cost of living while critiquing President Donald Trump’s economic policies. During former President Joe Biden’s tenure, inflation peaked at 9 percent in June 2022—a dramatic rise from the 1.4 [...]
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