Thanks to Bitcoin's recent epic run, stocks such as Block (SQ), Coinbase Global (COIN) and NVIDIA (NVDA) are poised to gain.
The House passed new rules for the crypto industry on Wednesday. The bill, which passed 279 to 136, probably won’t become law because of insufficient support in the Senate. The bill, called the Financial Innovation and Technology for the 21st Century Act, or FIT 21, creates a path for cryptocurrencies to be exempt from many securities regulations if they achieve a sufficient level of decentralization, among other things.
Donald Trump's campaign announced Tuesday that it would now accept donations in crypto, the latest move by candidates on the 2024 campaign trail to embrace the digital coins and votes of crypto enthusiasts.