โธป

๐Ÿ‡บ๐Ÿ‡ธ Latest Crypto News from the U.S. (May 2025)

๐Ÿ“ˆ Bitcoin Hits a Record High!

Bitcoin has reached a historic milestone by crossing $112,000 for the first time!

This surge comes amid uncertainty in the U.S. stock market. Experts say investor confidence has grown due to pro-crypto policies by President Trump, including the launch of a Strategic Bitcoin Reserve and state-level crypto investments.

๐Ÿ“Œ Source: MarketWatch

โธป

๐Ÿ›๏ธ GENIUS Act Passed โ€“ New Rules for Stablecoins

The U.S. Senate has passed the GENIUS Act, a new law that creates a strong regulatory framework for stablecoins.

Under this act:

โ€ข Stablecoins must be backed 1:1 by reserves.

โ€ข Issuers must follow strict transparency and consumer protection laws.

โ€ข Registered banks and financial institutions can legally issue stablecoins.