US senators question Meta’s stablecoin plans amid GENIUS Act debate
Lawmakers asked Mark Zuckerberg whether Meta had had any influence on the GENIUS stablecoin bill and its plans to potentially issue its own digital currency.
Lawmakers asked Mark Zuckerberg whether Meta had had any influence on the GENIUS stablecoin bill and its plans to potentially issue its own digital currency.
Weeks after a stablecoin bill stalled over Trump-linked concerns, the Senate advanced the GENIUS Act.
Yahoo Finance housing reporter Claire Boston outlines Realtor.com data that shows investors' home buying activity in 2024 pulled back from 2022 record highs and how the amount of investors purchasing a home in all-cash deals fell to a 16-year low. To watch more expert insights and analysis on the latest market action, check out more Wealth here.
Trump’s CFTC nominee Brian Quintenz says blockchain will reshape industries beyond finance and calls for clear crypto rules to protect US leadership.
Filings with the New Jersey Election Law Enforcement Commission showed only a few small contributions from individuals tied to crypto companies for various candidates.
The US House Agriculture Committee voted to advance the CLARITY Act for digital assets as lawmakers in the House Financial Services Committee debated an amendment for developers.
- QQQ led ETF inflows as the strong jobs report lifted markets. - SPY saw outflows while SPLG and IVV attracted asset flows.
Data center spending could top $1 trillion per year by 2028 to meet surging demand for computing capacity driven by artificial intelligence (AI). Suppliers of data center chips and components, such as Nvidia, Broadcom, and Advanced Micro Devices, could be poised for significant growth. The iShares Semiconductor ETF holds those three stocks along with 27 others, and it could turn $250,000 into $1 million over the coming decade.
Paul Atkins called the right to self-custody a “foundational American value” when addressing regulators and industry leaders discussing DeFi.
In an interview with Tucker Carlson, Pavel Durov’s first since being indicted on six charges in 2024, said his company did nothing wrong.