The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.

The total market value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping US legislative push to regulate the sector.

Europe and the U.S. have acted to regulate Stablecoin issuers and service providers. Could this provide a boost for UK and European fintechs working in the sector?

Stocks tied to crypto trading gained as well. Coinbase rose 4%, hitting an all-time intraday high surpassing its initial pop on its IPO date in 2021, and pacing for its fifth positive week in a row. Robinhood also added 4%. Ether treasury stock Bitmine Immersion continued its rally, jumping 12% Friday.

President Trump on Friday will sign the GENIUS Act into law, paving the way for a regulatory framework for payment stablecoins. The House voted 308-122 to advance the cryptocurrency legislation to

The House of Representatives passed the GENIUS Act, making it the first major piece of federal legislation to regulate stablecoins.

Charles Schwab's CEO said the U.S.-based brokerage is weighing a dollar-pegged token as the stablecoin market is poised for growth.

Technology Technology   The Big Story Stablecoin bill clears House in key crypto victory The House passed a bill setting up a regulatory framework for payment stablecoins,

Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could benefit from the boom.

Charles Schwab plans to launch Bitcoin, Ethereum trading, calling it a meaningful growth driver for the $10.7 trillion company.