The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital asset. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold….
House Republicans have passed a sweeping multi-trillion dollar tax breaks package, a narrow victory for President Donald Trump and House Speaker Mike Johnson after weeks of negotiations with conservative hold-outs. Trump’s “big, beautiful bill” passed with a vote of 215 votes to 214, with two Republicans joining Democrats to oppose it and one voting present….
The US has averted a government shutdown after the Senate passed a Republican-led measure to keep the government funded for the next six months. The stopgap funding bill passed in the Senate 54-46, as two Democrats joined all but one Republican senator in voting yes. President Donald Trump must now sign it into law before…
The price of gold set a record high on Friday, breaking above $3,000 per troy ounce for the first time as investors reckon with President Trump’s seesawing tariff policy, fears of an economic slowdown and a sinking stock market. Gold is often sought out by investors as a safe haven during times of turmoil, and…
Republicans in the US House of Representatives narrowly passed a multi-trillion dollar government spending bill on Tuesday, a major boost for President Donald Trump that advances his 2025 agenda. The 217-215 vote was seen as a key early test for Republican House speaker Mike Johnson, who cancelled an earlier vote as it appeared he did…
The US and Lebanon say the ceasefire deal with Israel – which had been due to expire on Sunday – has been extended until mid-February. Israel had kept troops deployed in Lebanon beyond the initial deadline, accusing the Lebanese government of not fully implementing its part of the deal, which required the removal of Hezbollah…
The House on Thursday passed legislation that could subject certain doctors to criminal penalties if they perform abortions, Republicans’ first attempt to restrict reproductive rights since the party has secured its governing trifecta under President Trump. The 217-to-204 vote was almost entirely along party lines, save for one anti-abortion Democrat, Representative Henry Cuellar of Texas,…
WASHINGTON — The House of Representatives approved a bipartisan federal spending bill Friday and sent it to the Senate, just hours before a midnight deadline to fund the government. It was unclear Friday whether the Senate could pass the bill before 12:00 a.m. ET, when funding technically lapses. The bill continues funding the federal government…
The Israeli parliament has passed a law allowing the government to deport the family members of people convicted of terrorism offences, including Israeli citizens. The controversial legislation, passed by 61 votes to 41, applies to first-degree relatives, meaning the parents, siblings or children of those found guilty. Israeli human rights organisations say the law is…
