US President Donald Trump on Friday signed the “GENIUS Act,” a new law aimed at regulating payment stablecoins, marking a significant step toward bringing legitimacy and oversight to the cryptocurrency industry. The law, officially titled “Guiding and Establishing National Innovation for US Stablecoins,” represents a major policy shift for digital assets in the US. The […]
President Donald Trump (left), Rep. Al Green, D-Texas (right) The US House of Representatives on Tuesday voted decisively to quash a bid to impeach President Donald Trump, with 128 Democrats joining hands to reject the resolution.The bill was introduced by Democrat Rep. Al Green of Texas, critical of Trump’s recent military actions in Iran.In a […]
The Republican senate of the US has unanimously passed the “no tax on tips” bill on Tuesday. Surprisingly, the “no tax on tips” provision has received unanimous bipartisan acceptance. The proposed bill rule aims to remove federal income taxes on tips. ‘No tax on tip’, what is it? It was initially introduced by Republican senator […]
File photo: Rep Shri Thanedar (Picture credit: AP) Indian-origin Rep Shri Thanedar’s bid to impeach US President Donald Trump collapsed on Wednesday after fierce resistance from within his own party. The Michigan Democrat, who filed seven articles of impeachment in April, said he was backing off from forcing a House vote, opting instead to revise […]
