Crypto
Chipotle Now Accepting Cryptocurrency
Chipotle’s U.S. eating places are actually accepting cryptocurrency! It is taking place, slowly however certainly, an increasing number of retailers throughout America are beginning to settle for crypto. And people of us who do not know a lot about it ought to begin studying.
Chipotle’s friends can now obtain the Flexa-enabled app, reminiscent of Gemini or SPEDN, to begin paying with cryptocurrency. As a matter of reality, proper now the pockets app Flexa will give prospects a ten% low cost in any respect Chipotle U.S. eating places.
We’re continuously exploring innovation that can improve our visitor expertise and that now contains accepting digital forex funds with Flexa. -Curt Garner, Chipotle’s Chief Expertise Officer
Cryptocurrency, digital cash, is changing into a factor, prefer it or not. Luxurious manufacturers reminiscent of Balenciaga, Tag Heuer and Gucci are actually accepting crypto. Increasingly more retailers are transferring towards the change, nevertheless, some retailers like carmaker Tesla have halted the acceptance of cryptocurrency due to points with the Inner Income Service. Because the federal authorities will get these points labored out, People can depend on an increasing number of retailers embracing the brand new world methodology of pay.
Now you can go into any Chipotle Mexican Grill within the U.S. and use Bitcoin and plenty of different digital currencies to purchase lunch. The change went into impact Wednesday.
Cryptocurrency is actual and develop into an increasing number of fashionable. Expertise gurus counsel People begin paying consideration. Like AM radio, the greenback as we all know it could by no means go away fully, however the recognition of cryptocurrency will proceed to develop and develop. Expertise is transferring quick, People must transfer quicker or be left behind.
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Upexi’s stock surged 14.97% in pre-market trading on July 21, 2025, marking a significant rise that has caught the attention of investors and analysts alike.
Upexi’s cryptocurrency strategy has proven to be a major success, with the company reporting a 67% weekly gain. This impressive performance has been driven by the company’s innovative approach to integrating cryptocurrency into its business model, which has resonated well with investors.
In addition to its cryptocurrency strategy, Upexi has also made strategic financial moves. The company recently closed a $150 million convertible note placement, which has provided it with additional capital to fuel its growth initiatives. This financial maneuver has been well-received by the market, contributing to the stock’s surge.
WASHINGTON (AP) — President Donald Trump on Friday will sign into law a new set of regulations for a type of cryptocurrency that are seen as a way to legitimize the burgeoning industry.
The GENIUS Act sets initial guardrails and consumer protections for stablecoins, a type of cryptocurrency that is tied to a stable asset like the U.S. dollar to reduce price volatility. It passed both the House and Senate with wide bipartisan margins.
The measure is meant to bolster consumer confidence in the rapidly growing crypto sector. Its passage comes as Trump makes it a mission to make the U.S. the “crypto capital of the world.”
“Congratulations to our GREAT REPUBLICANS for being able to accomplish so much, a record, in so short a period of time,” Trump wrote on his social media site Friday morning as he announced the bill signing.
The House also passed two other bills Thursday that are meant to boost the legitimacy of the crypto industry. One creates a new market structure for cryptocurrency, and the other bans the Federal Reserve from issuing a new digital currency. Both measures now go to the Senate.
The Republican-controlled House on Thursday passed landmark legislation to regulate stablecoin in a big win for the cryptocurrency industry.
Bitcoin at all-time high as lawmakers focus on pro-crypto legislation
President Donald Trump, once a crypto skeptic, has become a major promoter of the industry.
Scripps News
- The GENIUS Act creates a regulatory framework for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.
- Advocates say the bill will protect consumers.
- Democrats have raised concerns about President Trump’s financial ties to the crypto indusry.
- Trump last year launched World Liberty Financial, which issued a U.S. dollar-backed stablecoin, and raised raised $550 million selling a different crypto coin known as $WLFI.
- Trump also held a dinner in May for the top purchasers of the $TRUMP meme coin, owned by an affiliate of The Trump Organization.
WASHINGTON – The Republican-controlled House passed a trio of bills on July 17 that amount to a big win for a cryptocurrency industry that has helped make President Donald Trump tens of millions of dollars.
A piece of the landmark legislation package, dubbed the GENIUS Act, creates a regulatory framework for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.
Advocates say the primary bill will help protect consumers and set industry standards that could allow stablecoins to become mainstream for digital payments and other financial instruments.
The main bill, approved by the Senate in June, passed the House by a vote of 308-122, with all Republicans and several Democrats voting in favor. It is now headed to Trump’s desk to be signed into law.
“This is a historic opportunity for the United States. After years of work, American innovators are one step closer to having the clarity they need to build here at home while ensuring the future of the digital economy reflects our values of privacy, individual sovereignty, and free-market competitiveness,” Republican Majority Whip Rep. Tom Emmer of Minnesota said in a statement.
However, House leadership had hit unexpected hurdles midweek while trying to advance the three crypto bills, with the first procedural votes on July 16 breaking a record for the chamber by lasting about nine hours.
One measure barring the Federal Reserve from creating a central bank for cryptocurrency was a particular sticking point, with Republicans debating how to best set the bill up to succeed in a future Senate vote. It passed the lower chamber on July 17 entirely with GOP support in a 219-210 vote that fell along party lines.
The Clarity Act, which defines when a cryptocurrency is a security or a commodity and clarifies the Securities and Exchange Commission’s jurisdiction over the entire financial sector, also passed the House on July 17 and must head to the Senate.
Senate Democrats have voiced concerns about Trump’s connections to the cryptocurrency industry.
“The GENIUS Act will accelerate Trump’s corruption by supercharging the size of the stablecoin market and the reach and profitability of USD1,” said Sen. Elizabeth Warren, D-Massachusetts, on the Senate floor in May.
One of the biggest money-making ventures for Trump was World Liberty Financial, a cryptocurrency platform launched last year. It brought in $57.3 million and it launched USD1, a U.S. dollar-backed stablecoin.
Trump also held a dinner in May for the top purchasers of the $TRUMP meme coin, owned by an affiliate of The Trump Organization.
However, supporters of the bill maintained that it could help safeguard investors and help Americans have greater access to the financial system.
“The golden age of digital assets is here, and the U.S. will lead,” said Wisconsin Rep. Bryan Steil in a statement.
Contributing: Riley Beggin, Medora Lee and Swapna Venugopal Ramaswamy, USA TODAY
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