On today's episode of CNBC Crypto World, bitcoin climbed after the House approved a procedural vote to consider three key crypto regulation bills after GOP lawmakers halted their passage the day before. Plus, Zack Shapiro, head of policy at the Bitcoin Policy Institute, breaks down the three crypto-related bills currently sitting in the U.S. House of Representatives. Chapters 00:00 - CNBC Crypto World, July 16, 2025 0:20 - Crypto on the rise 1:11 - The headlines 2:53 - Zack Shapiro of Bitcoin Policy Institu ...

Shares of Circle Internet Group (CRCL 21.31%) have been volatile in this so-called "crypto week" on Capitol Hill. For instance, the stock fell 4.6% on Tuesday as lawmakers stumbled over a procedural issue, probably delaying any votes on several cryptocurrency regulation bills.But Circle's stock soared on Wednesday, gaining 17.1% by 1:25 p.m. ET. The procedural roadblocks may clear up today, perhaps getting the crypto week regulatory actions back on track -- and that's not all.Crypto drama on Capitol HillBey ...

Core Viewpoint - Regulatory optimism surrounding cryptocurrencies has increased following President Trump's comments that most Republican detractors would support pro-crypto legislation in the House [1]. Group 1: Cryptocurrency Market Reaction - Bitcoin's price rose above $119,000, marking a 1.5% increase, while other cryptocurrencies also saw significant gains: Ether increased by 5.9%, XRP by 2.4%, Solana by 4.8%, and Binance's BNB by 1.9% over the last 24 hours [2]. - Shares of stablecoin issuer Circle rose by 4% in premarket trading, recovering most of the losses from the previous day, alongside increases for Coinbase (1.1%), BitMine (17%), SharpLink (15%), and Bit Digital (5%) [4]. Group 2: Legislative Developments - Trump indicated that he had discussions with 11 of the 12 Republicans who previously voted against advancing the GENIUS Act and other related bills, suggesting they would change their votes in favor [3]. - The GENIUS Act aims to establish federal regulations for stablecoin issuers, while the Digital Asset Market Clarity Act will clarify which agency regulates certain digital assets, and the Anti-CBDC Surveillance State Act seeks to prevent the Federal Reserve from issuing a central bank digital currency [5]. Group 3: Opposition to Legislation - Some legislators opposed Trump's crypto bills due to procedural issues, such as the lack of opportunity to submit amendments, and concerns regarding the absence of a ban on central bank digital currencies in the GENIUS Act [6]. - Democrats have raised concerns about Trump's connections to the cryptocurrency industry, particularly regarding World Liberty Financial and potential conflicts of interest related to Trump-branded meme coins [6].

Industry Focus - The article discusses whether India should "make the leap" [1] Potential Implications - The article title suggests an analysis of India's potential for significant advancement or transformation in a specific sector or overall economy [1]

Core Insights - Bitget has officially integrated with India's Sahyog portal, enhancing communication between law enforcement and digital service providers, marking a significant step in collaboration between virtual asset platforms and Indian cybercrime investigation agencies [2][3] - The Sahyog portal allows law enforcement to submit legal data disclosure requests under Indian laws, ensuring that all data requests can be managed through a stable and secure channel [2][4] - The integration reflects Bitget's commitment to compliance with local regulatory expectations and its goal of fostering a transparent and responsible digital asset trading environment [3][4] Company Overview - Bitget, established in 2018, is a leading cryptocurrency exchange and Web3 company, serving over 120 million users across more than 150 countries [5] - The platform offers innovative trading solutions, including copy trading features, and provides real-time cryptocurrency price information [5] - Bitget Wallet, previously known as BitKeep, supports over 130 blockchains and millions of tokens, facilitating multi-chain transactions and direct connections to over 20,000 decentralized applications [5]

Core Points - The U.S. Senate passed a landmark cryptocurrency legislation aimed at promoting the growth of the industry [1] - This marks a historic lobbying victory for digital asset companies, as it is the first comprehensive regulatory reform vote on cryptocurrency in the Senate [1] - The bill was passed with a vote of 68 in favor and 30 against, with support from 18 Democrats and a majority of Republicans [1] Legislative Details - The legislation, led by Republican Senator Bill Hagerty from Tennessee, will establish a regulatory framework for stablecoins pegged to the value of the U.S. dollar [1] - Prior to the vote, Republican supporters engaged in months of intense negotiations with a group of pro-cryptocurrency Democratic senators to secure the necessary support [1] - The bill required at least 60 votes to pass, highlighting the bipartisan effort involved in its approval [1]