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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 U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
The Senate is poised to pass the GENIUS Act regulating stablecoins, a key form of cryptocurrency, aiming to increase ...
Opinion: Orrick's Nathaniel Reisenburg, Joseph Perkins, and Ignacio Sandoval write that the House's stablecoin legislation ...
US could be the epicenter for stablecoins with the proposed GENIUS Act, making them a mainstream financial rail for the ...
Politicians are seeking to attach the CCCA to the GENIUS Act, but that won’t happen if airline industry stakeholders have ...
This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election ...
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