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The GENIUS Act concerns the issuance and exchange of stablecoins, a form of digital currency backed by another form of ...
Experts said the bill's passage could be a "watershed," allowing crypto to gain a stronger foothold in mainstream financial ...
Congress redefined the playing field for digital assets. Although the recent Senate win was on party lines, the GENIUS Act promises to bring stablecoins – blockchain-based tokens pegged to fiat ...
The Senate advanced the GENIUS Act with a bipartisan 66-32 vote Monday, marking a key step toward federal regulation of ...
During Code and Country at the Bitcoin Conference, Sen. Cynthia Lummis (R-WY) mentioned that as soon as stablecoin bills are passed through Congress and signed into law, the Republicans were ready to ...
The Senate should pass the Genius Act and provide greater support for Stablecoins. This will boost the power of the US dollar ...
The Senate voted 66-32 Monday evening to advance first-of-its-kind legislation to regulate “stablecoins,” a kind of ...
Stablecoin legislation advanced on the Senate floor Monday in an early win for the crypto industry, but the bill is expected to face a lengthy amendment process that will likely push a final vote ...
The Senate moved forward with the GENIUS Act on stablecoin regulation as the cloture vote cleared the 60-vote threshold.
Under the GENIUS Act, stablecoin issuers must hold cash and/or Treasury securities reserves and comply with AML/ATF standards ...
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act failed to pass a key Senate vote on May 8. The bill will return ...
The Genius Act broke through opposition from Democrats in the Senate on Monday evening, moving the key piece of stablecoin ...