Gold recovers above $4,100 as traders assess US-Iran conflict

The post Trump Requested Democratic SEC Candidates, but No Names Arrived, White House Says appeared on BitcoinEthereumNews.com. Key Takeaways The White House says it requested Democratic names for vacant SEC and CFTC seats before Democrats raised concerns. Senate Democrats accused Trump of refusing to nominate Democratic commissioners to agencies designed for bipartisan membership. SEC vacancies carry added weight as Republican commissioners reshape cryptocurrency oversight under Paul Atkins. White House Rejects the Charge of Empty Democratic Seats The White House pushed back against Senate Democrats’ criticism, arguing that the administration had already taken steps to identify Democratic candidates for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The July 9 response framed the dispute as a breakdown over recommendations, not a refusal to fill bipartisan seats. “Further, prior to the Senate Democrats’ June 10, 2026 letter, the White

A White House letter dated July 9 says President Donald Trump sought Democratic candidates for Securities and Exchange Commission (SEC) vacancies before Senate Democrats accused the administration of leaving bipartisan seats open across independent agencies. White House Rejects the Charge of Empty Democratic Seats The White House pushed back against Senate Democrats’ criticism, arguing that […]

The post GENIUS Act Establishes First U.S. Stablecoin Framework appeared on BitcoinEthereumNews.com. Darius Baruo Jul 09, 2026 20:38 The GENIUS Act marks a regulatory milestone for U.S. payment stablecoins, setting reserve, redemption, and licensing standards. The GENIUS Act, signed into law by President Donald Trump on July 18, 2025, has created the first comprehensive federal regulatory framework for payment stablecoins in the United States. Effective by January 2027 or sooner, the legislation tackles reserve requirements, licensing, and consumer protections, addressing a long-standing regulatory void in the crypto space. What the GENIUS Act Covers The law applies exclusively to “payment stablecoins”—digital assets pegged to fiat currencies, redeemable on demand, and intended for use as a means of payment. Notably, algorithmic stablecoins and asset-referenced tokens fall outside its scope. Issuers must adhere to stringent requirements, including: Reserves: One-to-on

The deployment could stabilize regional tensions, impacting global markets by reducing volatility and influencing capital flows in emerging markets. The post Trump’s plan to deploy 20,000 peacekeeping troops to Gaza could reshape Middle East risk calculus for markets appeared first on Crypto Briefing.

The post White House Defends Trump as CFTC Vacancies Stall Crypto Bill appeared on BitcoinEthereumNews.com. The White House defended President Donald Trump’s regulatory appointments as Senate disputes over agency vacancies threaten progress. Lawmakers continue debating the stalled crypto market structure bill and the role of federal regulators.  Officials sent a letter to congressional leaders to challenge claims about Trump’s nomination strategy. They argued that Democrats blocked several civilian nominees while Trump still selected some bipartisan candidates. Additionally, the administration said it sought Democratic recommendations for Securities and Exchange Commission and Commodity Futures Trading Commission roles. However, officials said they received no responses from Democratic leaders. Consequently, the White House blamed the ongoing vacancies on political disagreements rather than executive delays. 🚨NEW: The White House is pushing back on Senate Democrats’ claims that the Tr

The US strike on Iran's railway bridge highlights vulnerabilities in global trade routes, potentially impacting geopolitical stability and crypto markets. The post US strike on Iranian railway bridge puts global trade corridors and crypto risk sentiment in focus appeared first on Crypto Briefing.

The post US official says it remains committed to resolution with Iran, technical discussions ongoing appeared on BitcoinEthereumNews.com. A US official signaled that it is still committed to the memorandum of understanding with Iran, even though US President Donald Trump’s declared earlier this week that the framework deal to end the Iran war was “over” after Tehran carried out strikes against vessels in the Strait of Hormuz and against neighboring countries, the Times of Israel reported on Thursday. “The United States is still committed to finding a resolution, and technical talks continue,” said the White House. The statement acknowledges Trump’s comments against the MOU but signals that the US is still prepared to adhere to its terms so long as Iran does the same. Market reaction At the time of writing, the West Texas Intermediate (WTI) is down 3.78% on the day at $71.75. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Interm

Rising US-Iran tensions could destabilize global markets, prompting shifts to safe assets and impacting energy prices and inflation expectations. The post Israel warns US of Iranian assassination plot against Trump, rattling crypto markets appeared first on Crypto Briefing.