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GENIUS Act Passes Senate — But Big Stablecoin Challenges Remain
Stablecoins are back in the spotlight after the Senate finally passed the GENIUS Act — a key milestone in creating clear rules of the road for crypto firms to follow. The bill would require issuers to fully back their stablecoins with U.S. dollars, and licensing would depend on the total market capitalization of their digital assets.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
JPMorgan's JPMD stablecoin on Coinbase’s Base blockchain could transform dollar digitization, grow deposits, and attract ...
The GENIUS Act stablecoin bill passed the US Senate on June 17 with bipartisan vote, but what's next? When will it become a law?
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
President Trump on Wednesday urged the House to pass a bill regulating payment stablecoins that cleared the Senate earlier this week, asking lawmakers to quickly get the legislation to his desk ...
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
US Senate approves GENIUS Act, bringing stablecoins into mainstream finance with clear regulatory framework, boosting crypto ...
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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