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Trump-backed crypto bills fail in Congress vote

Trump-backed crypto regulation bills stalled in Congress as House Republicans defy leader, impacting crypto market negatively

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Trump-backed crypto regulation bills stalled in Congress as House Republicans defy leader, impacting crypto market negatively

In Short:
– Cryptocurrency regulation bills supported by Donald Trump failed in the House, with 196 votes for and 223 against.
– Crypto stocks fell post-vote; Rep. Greene opposed bills lacking a ban on central bank digital currencies.

Cryptocurrency regulation bills supported by Donald Trump failed to clear a key procedural hurdle in the House of Representatives, significantly impacting the crypto industry. The bills require the House to approve rules of debate to move forward; however, the vote concluded with 196 in favour and 223 against.

Thirteen Republicans joined Democrats to block the legislation’s advancement.Uncertainty surrounds the next steps for the bills, particularly after House Republican leadership opted not to hold another vote the same day. The defeat occurred during “Crypto Week,” an unusual moment of rebellion against Trump’s directives by House Republicans.

Crypto decline

After the vote, shares of crypto-related companies declined, with Circle down over 7% and Coinbase dropping more than 4%. One of the stalled bills is the GENIUS Act, aiming to regulate stablecoins. Another proposal, the CLARITY Act, seeks to determine whether assets are treated as securities or commodities.

Rep. Marjorie Taylor Greene opposed the measure, stating it lacked a ban on central bank digital currencies, aligning with Trump’s earlier calls for such a provision.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Man shot dead after breaching security at Mar a Lago

Man in 20s dies after breaching Mar-a-Lago, armed; Secret Service opened fire, citing no immediate danger inside.

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Man in 20s dies after breaching Mar-a-Lago, armed; Secret Service opened fire, citing no immediate danger inside.

A man in his early 20s has been shot and killed after breaching the secure perimeter at President Trump’s Mar a Lago residence in Florida, according to the Secret Service. Officials say the president and first lady Melania Trump were in Washington DC at the time of the incident.

Authorities report the man was armed with a shotgun and a petrol canister when he approached the north gate. He was confronted by a sheriff’s deputy and two Secret Service agents who ordered him to drop the items before the situation rapidly escalated.

After putting down the petrol can, the man allegedly pointed the shotgun at officers, who then opened fire. Law enforcement says there was no immediate danger to anyone inside the property.


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Iran signals nuclear concessions as U.S. talks intensify

Iran may concede on its nuclear program for US recognition and sanctions relief, considering uranium exports and oil sector investments.

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Iran may concede on its nuclear program for US recognition and sanctions relief, considering uranium exports and oil sector investments.


Iran is signalling it’s prepared to make concessions on its nuclear programme in exchange for U.S. recognition and sanctions relief, as fresh talks between Iran and the United States reveal deep divisions but renewed diplomatic momentum.

Tehran is reportedly considering sending its highly enriched uranium abroad and even forming a regional enrichment consortium to keep negotiations alive and avoid military escalation. Officials say an interim agreement could still be within reach despite the sticking points.

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UK police seek former aides’ insights on Prince Andrew

UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

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UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

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In Short:
– Police seek former protection officers of Prince Andrew for info on alleged Epstein-related offences.
– Authorities consider removing Mountbatten-Windsor from royal succession after investigation conclusions.
British police are reaching out to former protection officers of Prince Andrew Mountbatten-Windsor following his recent arrest related to allegations of misconduct in a public office.
The police have urged anyone with information about potential sex offences connected to Jeffrey Epstein to come forward.Authorities are considering legislative measures to remove Mountbatten-Windsor from the royal succession line once the investigation concludes. Any changes would require consultation with other realms where King Charles is head of state.

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The recent allegations stem from claims that Mountbatten-Windsor shared confidential government documents with Epstein during his time as a trade envoy. The London Metropolitan Police is now identifying former officers who may assist in the ongoing investigation and has encouraged them to share any pertinent information.

Mountbatten-Windsor has denied wrongdoing in the Epstein matter.

In 2022, he settled a civil lawsuit filed in the U.S. by Virginia Giuffre, who accused him of sexual abuse. Reports indicated he paid her approximately £12 million, a claim he denies.

Police Investigation

London authorities are reassessing previous decisions not to pursue criminal investigations related to Epstein’s activities.

Recent document releases from the U.S. government have prompted police to explore allegations of human trafficking involving Epstein at UK airports.

Police have been actively searching Mountbatten-Windsor’s residences as part of their investigation. His arrest marks an unprecedented event in modern royal history, raising significant public interest and concern in various countries.


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