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US Senate passes the GENIUS stablecoin bill, advancing it to the House for a vote in 3 weeks with rules on backing, audits, ...
Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
The Senate is voting on legislation regulating a form of cryptocurrency called stablecoins. The bill is the first in what’s ...
Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how ...
Stablecoins—a form of cryptocurrency backed by traditional assets—are gaining traction, with the US Senate set to vote ...
Two of the biggest names in retail— Amazon and Walmart —are reportedly looking into creating their own cryptocurrencies. If they go through with it, it could be a major shift away from traditional ...
Walmart and Amazon's plans to move payments to stablecoin from traditional payments is not easy says analysts.
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
Walmart, Amazon, and other massive global companies are reportedly looking into the benefits of having their own stablecoins.
Amazon and Walmart are exploring stablecoin solutions to reduce payment processing costs and bypass traditional intermediaries like Visa.
Utilizing stablecoins for purchase transactions would circumvent the traditional financial system. Bypassing banks for credit ...