Trump v Musk feud could impact crypto influence in Congress
The Trump v Musk feud could reduce crypto’s influence in Congress, Circle (NASDAQ: CRCL) wants to be a bank, and Ripple Labs says peace of mind costs $75 million.
On the legislative front, the U.S. Senate approved President Trump’s ‘big, beautiful’ spending bill on Tuesday thanks to a single tie-breaking vote by Vice President J.D. Vance, despite a handful of last-minute crypto-specific tax proposals—Sen. Cynthia Lummis (R-WY) suggested eliminating ‘double-taxation’ of