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GENIUS Act Passes Senate — But Big Stablecoin Challenges Remain
Stablecoins are back in the spotlight after the Senate finally passed the GENIUS Act — a key milestone in creating clear rules of the road for crypto firms to follow. The bill would require issuers to fully back their stablecoins with U.S. dollars, and licensing would depend on the total market capitalization of their digital assets.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
JPMorgan's JPMD stablecoin on Coinbase’s Base blockchain could transform dollar digitization, grow deposits, and attract ...
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 ...
The US Senate on june 18, passed the GENIUS Act, a landmark bill that aims to regulate stablecoins, the type of ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
Cryptopolitan on MSN1d
Crypto market sinks by 2% despite GENIUS Act winThe global crypto market continues to tumble on Wednesday as escalating tensions in the Middle East prompted investors to ...
The U.S. is moving closer to passing the GENIUS Act and CLARITY Act—two landmark crypto bills. The GENIUS Act aims to ...
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
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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