While the legislation has not yet made its way to the Senate floor, if passed, it would define the regulatory requirements ...

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 ...

In October 2023, Rohit Chopra, director of the Consumer Financial Protection Bureau under President Biden, warned that if Big Tech firms assumed control of banking operations, they would “have a ...

Senate Banking Committee chairman Tim Scott described the first hundred days of Congress, a trade war with China and the ...

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 ...

Taxbit notes that the rise of stablecoins—digital assets pegged to stable values like the U.S. dollar—has transformed the ...

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.

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 Senate Banking Committee has advanced its stablecoin bill, the Genius Act, to the floor, while the House Financial Services Committee has done the same with its version, the Stable Act.

While there’s no evidence that Albert Einstein uttered the quip long associated with him about compound returns as the “8th Wonder of the World,” it’s not unreasonable to imagi ...