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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Stablecoin market cap crossed $250 billion for the first time, signaling explosive growth. The GENIUS Act cleared its final ...
The U.S. Senate's passage of the GENIUS Act propelled Coinbase and Circle shares upwards, boosting stablecoin legitimacy.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
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Trump says Senate’s ‘GENIUS Act’ will make the US the undisputed leaderPresident Donald Trump took to Truth Social to enthusiastically endorse the Senate-approved Guiding and Establishing National ...
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Visa stays strong despite stablecoin concerns thanks to its strong fundamentals, trust, global reach, and digital ties. See ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, marking the first major digital asset regulation to pass the upper chamber ...
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