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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.
The Senate passed legislation Tuesday that would establish regulations for stablecoins, marking a significant step in ...
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for ...
Circle Internet Group shares are up 7% in intraday trading Friday, extending gains they have made since the Senate passed the ...
On Tuesday, the U.S. Senate passed the Genius Act, a bill that aims to set clear guidelines for stablecoin issuers and address some critical needs of the digital assets industry, teeing up a ...
Washington — The Senate passed a landmark piece of legislation to regulate crypto after a bumpy path through the upper chamber. The bill, known as the GENIUS Act, would establish a regulatory ...
Senate passes GENIUS stablecoin bill, ... The bill passed with a 68-30 vote. It's a milestone day for the crypto industry and for President Donald Trump's sprawling digital asset empire.
The bipartisan legislation, which passed the Senate in June and is likely to be voted on by the House this week, is the first-ever piece of stablecoin regulation. It would allow private entities to ...
Stablecoin fever is still running hot. Zerohash, a crypto and stablecoin infrastructure startup, is set to raise about $100 million at nearly a $1 billion valuation, according to two sources familiar ...
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