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How cryptocurrency gained ground in Washington

By Us - CBSNews.com Aug 20, 2025 | 8:07 PM

Crypto is having its moment. The GENIUS Act, which Congress passed last month, will allow more traditional financial institutes to invest in the digital currency. Jo Ling Kent reports some are calling crypto the next big financial boom.

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BREAKING THE BUDGET IMPASSE

What should be done to break the impasse in approving Pennsylvania’s budget?

Increase income taxes to pay for more spending.
Draw down the state's rainy day funds to pay for more spending.
Tax the so-called "skill games" machines to pay for more spending.
Legalize recreational marijuana to pay for more spending.
We don't need more spending, we need less! No new taxes!
We do need to increase spending on some programs, but there's plenty of wasteful spending we should cut. No new taxes!
Voting Ends: Oct 7, 2025 | 12:00 PM