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The U.S. Senate passed the GENIUS Act, establishing a framework for stablecoins, which are pegged to the U.S. dollar. This ...
Banking Committee Chairman Tim Scott told Fox News Digital that the GENIUS Act ‘is the first of its kind’ as the bill passes ...
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 ...
WASHINGTON (AP) — The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
TRM Labs, the blockchain intelligence firm, has reported that 99% of all stablecoin activity in 2024 was legal and compliant ...
Despite their reservations about the impacts of crypto on consumers and the financial system, Democratic Party operatives and ...
The Senate is poised to pass the GENIUS Act regulating stablecoins, a key form of cryptocurrency, aiming to increase ...
The bill has bipartisan support but was stalled for weeks amid Democratic pushback and contentious amendments.
Senator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.