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The Senate passed the Genius Act, which would regulate the red-hot stablecoin sector. From the sheer volume of breathless adulation, and the near-equal amount of fear-mongering, you might expect that ...
The legislation, known as the Genius Act, moves to the House, where passage is viewed in Washington as likely, before Trump’s desk.
The Senate passed legislation Tuesday that would establish regulations for stablecoins, marking a significant step in ...
The U.S. Senate Just Passed a Landmark Cryptocurrency Regulation Bill. Here's What Investors Need to Know.
The U.S. Senate on Tuesday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known ...
It advanced out of the Senate Banking Committee in March with bipartisan backing, but bled Democratic support weeks later when it was revealed that an Abu Dhabi-backed firm would use $2 billion in ...
That strategy will become tricky. Coinbase CEO Brian Armstrong has advocated for bundling the two bills together, arguing ...
The bill still must be passed by the House and signed by the president. But the 68-30 vote in the Senate marked the first time the chamber has approved major cryptocurrency legislation.
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 vote ...
The Senate on Tuesday passed a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for ...
The U.S. Senate has passed a bill to create a regulatory framework for stablecoins, a once-niche corner of the crypto industry that is gaining traction among global companies.