Trump strikes house GOP deal to revive crypto GENIUS act
Trump said he secured support from 11 of 12 GOP holdouts to advance the GENIUS Act, aimed at regulating stablecoins. The deal revives hope for crypto bills after Tuesday's failed vote. The House will also debate the CLARITY Act and a bill banning the Fed from launching a CBDC. Stocks like Coinbase rebounded, while sentiment on Circle stayed bearish.