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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
US Senate approves GENIUS Act, bringing stablecoins into mainstream finance with clear regulatory framework, boosting crypto ...
JPMorgan's JPMD stablecoin on Coinbase’s Base blockchain could transform dollar digitization, grow deposits, and attract global investors. Read more on the JPM stock.
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
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 GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for ...
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, ...
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