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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.
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, ...
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Trump urges the House to pass the GENIUS Act without delays or changes, calling for the bill to be sent to his desk quickly ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Bankrate on MSN1d
What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayersThe GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.
The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for ...
Coinbase and other crypto-linked stocks surged a day after the Senate voted to pass the GENIUS Act, a landmark bill creating ...
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