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Blockchain

Trump’s GENIUS Act Launches New ‘Financial Revolution’


The crypto industry just hit a major milestone. U.S. President Donald Trump has officially signed the Genius Act into law, a move Coinbase CEO Brian Armstrong calls the beginning of a financial revolution.

Speaking from the White House lawn in an interview with CNBC, Armstrong said the new law could transform how the world handles payments and finally bring the financial system into the modern age.

The Genius Act legally recognizes stablecoins and provides a clear regulatory framework for how they can be…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link