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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.
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Crypto Industry Leaders React To GENIUS Act: Ava Labs, T3RRA and Neo Executives CelebrateCrypto and blockchain leaders have responded to the passing of the GENIUS Act. The Senate passed the first-of-its-kind crypto legislation on June 17. By removing ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a ...
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
The GENIUS Act, a stablecoin regulation bill in the United States Senate, faces a key vote on June 17, and industry ...
An update on the GENIUS Act stablecoin bill making its way through Congress, which is important to companies like Coinbase, ...
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Warren says GENIUS Act could let tech giants launch spy coinsSenator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.
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JPMorgan Files Second Stablecoin Trademark After GENIUS Act Signals Green Light for BanksJPMorgan has filed for a second trademark, “JPMD.” The U.S. Senate’s advancement of the bipartisan GENIUS Act has offered ...
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