Stablecoin act advanced U.S. Senate. Gamestop plans $175 billion debt offering, may buy bitcoin. SpaceTech firm Voyager IPO soars and Toyota CEO says hybrids more sustainable than EVs. Jane King has the latest from the NYSE.
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Thanks, Rey.
The Senate advanced bipartisan stablecoin legislation supported by the crypto industry and President Trump.
Final passage of the measure likely will be next week.
The 68 to 30 procedural vote clears a key obstacle.
It came a day after the House Financial Services and Agriculture Committees advanced broader crypto legislation, with the Republicans beating back amendments targeting Trump's crypto profits.
Both measures are top priorities for The digital assets.
Well, the video game retailer GameStop has proposed a $1.45 billion bond deal.
GameStop said it plans to raise more debt, a move that could indicate another Bitcoin purchase is looming for the video game retailer and original mean stock.
Now proceeds will go to general corporate purposes, including making investments in a manner consistent with GameStop's investment policy and potential acquisitions.
Voyager.
Technologies ended their debut trading day of 82%.
Denver-based Voyager serves both government and commercial clients across sectors, including national security, advanced technology, and space infrastructure.
Voyager is working with companies including Airbus, Mitsubishi, MDA Space, and Palantirer on the SAR Lab space station planned for low Earth orbit, and Toyota chairman Akia Toyota doubled down on his belief.
But hybrids, not EVs, are the smarter and more sustainable option in many parts of the world.
In a recent interview, the grandson of Toyota Motor's founder made the claim that the brand's 27 million hybrid cars have delivered the same carbon cutting effect as 9 million battery electric vehicles.
And in fact, he says in countries where electricity comes from fossil fuels, making the electric vehicles also adds to emissions, and that's the latest headlines.
