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The crypto industry got what it paid for

theverge.com Lauren Feiner 2025-07-25 05:37:44

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. The crypto industry is beginning to see a return on one of its most prescient investments: Donald Trump. On Thursday, the House of Representatives passed three bills that industry supporters believe will bring more legitimacy and predictability to the digital currency space — and

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Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

cnbc.com Tanaya Macheel 2025-07-30 01:29:19

In this article COIN CRCL ETH.CM= BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156. Shares of stablecoin issuer Circle added more than 1% premarket and crypto services firm Coinbase

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Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote

cnbc.com Sean Conlon 2025-07-31 01:04:52

The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day's high of $120,481.86. Bitcoin fell below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives. The drop comes on the heels of multiple crypto-related bills failing to overcome a procedural hurdle in the House, with 13 Republicans voting with Democrats to block the motion in a 196-223 vote. In recent days, bitcoin has be

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Pa. House passes 'click-to-cancel' subscription bills

news.ycombinator.com Zack Hoopes 2025-08-05 01:19:13

The state House has passed a pair of bills aimed at tamping down on dubious subscription services — just as a federal court moved to throw out similar rules proposed by federal regulators. Earlier this month, the House approved a bill cracking down on so-called “negative option” agreements in which consumers are automatically enrolled in a service unless they opt out. This week, the chamber also cleared a second bill requiring that subscriptions or memberships made online must also be able to b

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