Senate passes GENIUS Act, setting federal rules for stablecoins. The bill boosts US-based issuers and limits Big Tech’s crypto ambitions.

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

To the delight of Silicon Valley, Big Tech and Wall Street, within the next week or two the Senate appears poised to approve the GENIUS Act ... from economic and political pressures, to protect ...

The Independent is trusted by Americans across the entire political spectrum ... A new cryptocurrency regulation bill called the GENIUS Act is moving through the Senate, bringing increased ...

The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.

Nobel Prize winner Paul Krugman, recently condemned stablecoins for their limited real-world application and support of ...

This historical context may impact investor confidence in USD1-especially when considering the broader political dynamics that can influence sentiment and risk in the crypto market. The GENIUS Act is ...