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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 ...
Senate Banking Committee chairman Tim Scott described the first hundred days of Congress, a trade war with China and the ...
Update (April 3, 5:43 am UTC): This article has been updated to add information on the STABLE Act and GENIUS Act. The US House Financial Services Committee has passed a Republican-backed ...
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 ...
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.
A surge of political spending by the cryptocurrency industry is paying off in Washington, with lawmakers in both chambers of Congress pushing legislation that would legitimize and expand ...
Voicing his support for stablecoin acts like the GENIUS act and the STABLE act, he says he sees no need for the government to develop a coin of its own "I prefer to let the private sector handle ...
The years-long fight to approve stablecoin legislation in the U.S. crossed a monumental milestone as the STABLE Act passed ...
The latest player to jump into the very crowded stablecoin space is the self-described "stable genius" himself — President ...
Italy’s economy minister warns that US dollar stablecoins are a bigger threat than Trump’s tariffs, pushing the EU to ...