The Daily Crypto Brief!
GM readers! Let’s go through the latest headlines from crypto world.
Big Move! Trump to Approve America’s First Major Crypto Law
The House has passed the GENIUS Act, a stablecoin-focused bill, with strong bipartisan support—paving the way for President Trump to sign it into law. Another major win came with the CLARITY Act, which lays out rules for crypto market structure. It passed more easily than expected, gaining 78 votes from Democrats.
Industry leaders are calling it a breakthrough moment, wrapping up what’s now being dubbed “Crypto Week”—a dramatic stretch that came close to falling apart just hours earlier.
GENIUS Act Becomes First U.S. Crypto Law After House Approval
The GENIUS bill sets clear rules for stablecoin issuers. They must keep full reserves to back their coins, go through regular audits, and register with either federal or state regulators. It also bans algorithmic stablecoins that aren’t backed by real assets.
One key feature is its dual-licensing system—both federal and state authorities can approve and oversee stablecoin issuers.
BlackRock Plans to Add ETH Staking to Its ETF—SEC Filing In
Nasdaq has submitted a request to change the rules so that BlackRock’s iShares Ethereum Trust ETF can include staking. This is the latest step by Ethereum funds trying to offer staking as part of their products.
Investor interest is strong—Ethereum funds have attracted $2.3 billion over the past nine days.
70% of Bitcoin Users Admit They Don’t Understand It — GoMining Survey
Only 34% of people in a recent survey said they feel “very confident” about the Bitcoin ecosystem. Most admitted they’re confused by its basics.
Some said they’re frustrated by conflicting information online and the lack of clear education in the crypto space. While many are eager to get more involved, they feel held back by how complicated Bitcoin’s core ideas can be.
This shows that better education might be just as important for Bitcoin’s growth as price trends or government rules.
Coinbase Launches All-in-One App Combining Wallet, Social, and AI Features
On Wednesday in Los Angeles, Coinbase introduced a new app called Base, turning its old Wallet into an “everything app” for Web3. The app brings together social features, AI tools, and ways to earn—letting users make money from posts, messages, trading, and even gaming, all in one place.
Base is designed to make Web3 more fun, social, and creator-friendly, whether you're a crypto pro or just getting started.
That’s all for today folks. See you again with more updates on crypto. Until then have a great day!
