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Trump-backed crypto regulation bills fail to clear key hurdle in Congress
Several cryptocurrency-related bills backed by President Donald Trump failed to clear a key procedural hurdle in the House of Representatives on Tuesday, dealing a major blow to the crypto industry. The failed vote delivers a major blow to to the crypto industry, which was hoping for a series of legislative wins this week — which had been billed as “Crypto Week.” The final vote was 196-223, with 13 Republicans voting with Democrats to block the procedural motion, NBC News reports. House leadership tentatively plans to hold another vote later in the day Tuesday to advance the legislation. It was unclear Tuesday ... (full story)
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From scotiabank.com|Jul 15, 2025Core CPI inflation edged up a bit last month to 2.77% m/m at a seasonally adjusted and annualized rate (chart 1). The past three months have been 2.9%, 1.6% and 2.8% for a ...
From @meredithllee|Jul 15, 2025|1 commentHouse procedural vote to advance a pair of crypto bills and the defense spending bill just FAILED Freedom Caucus members rebelled over objections over the Genius Act and its linkage with the other crypto bills, per sources MEMBERS TOLD 5PM to vote again on rule Speaker Mike Johnson confirms to reporters Freedom Caucus members want the crypto bills linked in one package “We suspected there may be some no votes” https://t.co/NN6uMNondy House can take up crypto procedural vote again. Timing unclear. Fox is told they will try for a re-vote on the rule for the crypto bills around 5 pm et. Fox is also told that the President is “pissed” and is making outreach to members who blocked the crypto bills from coming to the floor Rep. ROY, who voted no on rule for crypto bills, cites concerns w/ lack of “hard ban” on CBDCs & says CLARITY Act is also important “We feel like we need to be dealing with this all at once and make sure that we’re pretty clear about the central bank digital currency” Roy adds…
From fxdailyreport.com|Jul 15, 2025Bitcoin ($BTC) is reportedly witnessing a crucial turning point in the case of the supply ratio from long-term holders to short-term holders. As per the data from Glassnode, ...
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From @PiQSuite|Jul 15, 2025|36 commentsTRUMP SAYS WILL BE FIGHTING CHINA 'IN A VERY FRIENDLY FASHION' TRUMP: NATIONS THAT DON'T OPEN UP WILL PAY A SUBSTANTIAL TARIFF TRUMP ON AI: U.S. IS WAY AHEAD OF CHINA Trump: More investments will be announced in the coming weeks.
From bankofengland.co.uk|Jul 15, 2025Lord Mayor, thank you for inviting us back for a second time in your mayoralty. I am going to use my time to tackle two subjects. I’m probably breaking a rule of good speech making because the connection between the two is slender – I’m not going to overdo the connection. They are both topical and highly relevant, that’s my justification. The first is big picture – the world economic situation and the need to refocus and restore multilateral institutions. The second concerns payments here in the UK. To say that the state of the global economy and the impact of tariff announcements is in the news and significant is an understatement. The shifts we have witnessed – and continue to witness – mark a generational change in the system of trade amongst nations. They are by no means the first such shifts, even if they are the most sudden and fundamental in the post-war era. Recent events have exposed fault lines in the multilateral system of relations between nations, including in the global trading system, and a perceived failure to deal with what are seen as persistent global imbalances. What do I mean by the multilateral system? It’s the economic assessment and governance that comes from two areas. First are the multilateral institutions – the IMF, World Bank, OECD and WTO, and – to recognise a personal interest as I Chair it – the Financial Stability Board. The second area is the multi-country decision-making bodies that reinforce these institutions – with the G20 and G7 being important here, as the source of co-ordination and consensus building in a number of key areas including trade. MORE BOE'S BAILEY: RECENT EVENTS HAVE EXPOSED FAULT LINES IN MULTILATERAL RELATIONS AND A PERCEIVED FAILURE TO DEAL WITH PERCEIVED IMBALANCES #bankofengland #boe #ukeconomy #trade #tariffs #andrewbailey #mansionhousespeech #digitalpayments BOE’S BAILEY: LARGE DEFICIT NATIONS FACE GREATEST MARKET PRESSURE || SAYS NOT YET CONVINCED ON NECESSITY OF RETAIL CENTRAL BANK DIGITAL CURRENCY BANK OF ENGLAND GOVERNOR ANDREW BAILEY MANSION HOUSE SPEECH: TARIFF ANNOUNCEMENTS MARK A GENERATIONAL CHANGE IN THE GLOBAL TRADING SYSTEM #bankofengland #boe #ukeconomy #trade #tariffs #andrewbailey #mansionhousespeech #digitalpayments BOE’S BAILEY: MULTILATERAL INSTITUTIONS KEY TO SOUND POLICYMAKING || SAYS FINANCIAL STABILITY RISKS ARE BEING CLOSELY MONITORED
From morningstar.com|Jul 15, 2025'Safe to say we still happy with our decision,' Beckham says 'Sooooo bitcoin is at an ALL TIME high today ... safe to say we still happy with our decision' That was NFL wide ...
