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Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
Democrats have also raised concerns that the legislation opens the door for major corporations to issue their own private ...
“Around the world, payment systems are undergoing a revolution,” said House Financial Services Chair French Hill of Arkansas ...
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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