GENIUS Act Clears Senate Banking Committee

GENIUS Act Clears Senate Banking Committee: What It Means For Stablecoins
Senator Hagerty’s GENIUS Act advances out of banking committee with bipartisan support despite Elizabeth Warren’s warnings about crypto risks and consumer protection concerns.
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into thebill,
Senator Hagerty’s stablecoin bill clears Senate Banking Committee
Senator Bill Hagerty led the legislation with support from Tim Scott, the committee’s chairman, as well as Senators Kirsten Gillibrand, Cynthia Lummis, and
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump
U.S. Senate Banking Committee Approves GENIUS Act Stablecoin Bill
The GENIUS Act was introduced by Senators Bill Hagerty (R-Tenn.), Kirsten Gillibrand (D-N.Y.), Cynthia Lummis (R-Wyo.), and Angela Alsobrooks (D-Md.).
Stablecoin bill clears Senate committee
The Senate Banking Committee Thursday voted to send a stablecoin bill to the full chamber for debate. Why it matters: The committee markup on the GENIUS Act was a key step in advancing a stablecoin bill,
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
American Banker1d
Banks are pushing back against stablecoin legislation
As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to ...
CCN on MSN3d
Senate to Vote on Republican-Led Genius Act Following Bipartisan Overhaul
The amended GENIUS Act is set for a Senate vote on March 13. The latest version introduces new transparency and enforcement ...
Introduction of GENIUS Act Stablecoin Bill
A summary of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was recently introduced ...
Senate panel takes up debanking reform, first digital assets bill
The Senate Banking Committee is considering bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk." ...
American Banker2d
Stablecoin executives are counting on the GENIUS Act
Firms such as Circle, Binance and Coinbase say new bipartisan legislation will attract banks to the market, providing a boost ...
No, the Stablecoin Bill Isn't Built for Billionaires
Elizabeth Warren claims that proposed stablecoin legislation gives Elon Musk a “clear runway” to control U.S. money and ...
Crypto News3d
US Lawmakers Reintroduce GENIUS Act to Establish Stablecoin Regulatory Framework
U.S. lawmakers reintroduced the GENIUS Act to establish a dual regulatory framework for stablecoins, balancing state and ...
BeInCrypto3d
Senator Hagerty Revamps GENIUS Act: New Framework Aims to Boost US as Crypto Leader
The updated GENIUS Act expands stablecoin regulation, emphasizing international cooperation, legal compliance, and consumer ...