President Trump signed the country's first major legislation aimed at regulating cryptocurrency on Friday, hailing "the exciting new frontier" for the technology.

The push follows a failed procedural vote in the House on July 15, which would have allowed debate on three crypto-focuse

Eaglebrook Advisors' CEO Chris King expects his crypto SMA investing firm to jump from managing nearly $400 million to $1 billion over the next 12 months, as president Donald Trump signs the GENIUS Act and Bitcoin comes off new all-time highs.

The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.

Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.

The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.

A day after President Donald Trump claimed a deal was reached with GOP holdouts, the House was yet again locked in a standstill over moving forward on a trio of crypto bills -- breaking a record for the longest House vote in recent history.

Wholesale inflation remained unchanged in June, according to new Producer Price Index data. Meanwhile, "crypto week" in Washington has hit a snag as Republican lawmakers side with Democrats on cryptocurrency legislation.