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US Senate Passes GENIUS Stablecoin Bill In Latest Win For Crypto Regulation
The GENIUS Act is the first major crypto-related bill to clear the Senate. However, the House does have its own Digital Asset Market Clarity Act, which is a more sweeping crypto bill that would provide a framework for the wider crypto market, not just stablecoins.
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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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.
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Democrat Elizabeth Warren has issued a stern warning regarding the GENIUS Act, claiming that stablecoins issued by tech ...
The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the ...
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