INK WIRE

Officially described as the US's first law to address the nation's cryptocurrency matters, it is, therefore, entering a significant moment. A still-cited major statute for that formerly fringe business with those sectors emerged after the long-lingering debates on congressional regulation, and $20 million was dumped into the 2020 polls for selected candidates, including Donald Trump. This law sets up a framework for regulating so-called stable coins, a type of cryptocurrency that has asset backing considered reliable, e.g., the dollar. It would be signed into law by Trump on Friday after getting House approval on Thursday, alongside the Senate's approval last month. Known as the Genius Act, it is one of three Trump-supporting bills on cryptocurrencies moving through Washington. The president once called crypto a scam, but his mood shifted after the sector stood behind him, and he became an active participant himself, having business ties involving firms like World Liberty ...

The spokesperson of Hamas's military wing said Israel refused a ceasefire that would see the release of all captives currently being held in Gaza, and that the group is ready for a long war if there is no deal. Having long held the position of spokesperson for the Qassam Brigades, Abu Obeida said in a nearly 20-minute prerecorded statement released on Friday that the group had in recent months offered a "comprehensive deal," releasing all captives at once, which Israeli Prime Minister Benjamin Netanyahu and his far-right ministers rejected. "It has become clear to us that the government of the criminal Netanyahu has no real interest in the captives because they are soldiers," he said, while pointing out that Hamas was interested in a deal that guarantees the end of the war, withdrawal of Israeli forces, and entry of humanitarian aid for the Palestinians under siege. If Israel pulls out of this round of indirect talks being held in Qatar, said Abu Obeida, Hamas w...