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Genius Act: A Guide to the US Senate’s Stablecoin LegislationThe GENIUS Act creates a clear federal framework for stablecoins in the US. The bill introduces strict reserve, licensing, and consumer protection standards. Larger issuers face federal control ...
The STABLE Act prioritizes strict federal control, while the GENIUS Act supports a dual regulatory regime that includes state and federal oversight. The STABLE Act limits issuance to insured ...
In October 2023, Rohit Chopra, director of the Consumer Financial Protection Bureau under President Biden, warned that if Big ...
Senate Banking Committee chairman Tim Scott described the first hundred days of Congress, a trade war with China and the ...
The GENIUS Act, introduced in early 2025, seeks to regulate US stablecoins, ensuring their legal use for payments and maintaining the dollar’s dominance. The bill establishes a dual oversight ...
Crypto executives are reportedly making a last-ditch effort to convince Congress to allow stablecoin issuers to pass on ...
The years-long fight to approve stablecoin legislation in the U.S. crossed a monumental milestone as the STABLE Act passed ...
Italy’s economy minister warns that US dollar stablecoins are a bigger threat than Trump’s tariffs, pushing the EU to ...
Similarly, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, called the GENIUS Act, took a major step forward when it passed the Senate Banking Committee in early March.
He voted to advance the GENIUS Act, a bill backed by the cryptocurrency industry. “It’s clear that digital assets are here to stay,” Mr. Gallego said after the Senate Banking Committee hearing.
The Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act is expected to be passed in the U.S. in the coming months, and that could trigger an almost 10-fold jump in ...
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