The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...

Elizabeth Warren has urged closing a GENIUS Act wallet exemption, which she says may let Trump profit from stablecoins, ...

The bill, which recently cleared a key procedural hurdle on the 19th of May, is now under intense scrutiny as lawmakers struggle with over 60 proposed amendments.

Senator Elizabeth Warren has criticized the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act due to the corruption claims surrounding Trump’s USD1 stablecoin.

However, even these stablecoins continue to face scrutiny regarding ... with its strong political and institutional backing, may benefit significantly as the GENIUS Act moves forward.

The GENIUS Act, a bipartisan bill aimed at establishing a regulatory framework for US dollar-backed stablecoins, is under intense scrutiny as lawmakers grapple with its potential implications.

U.S. lawmakers have reintroduced the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act to establish a clear regulatory framework for stablecoins. The revised bill ...

US lawmakers debate GENIUS Act ... The GENIUS Act, a bipartisan bill aimed at establishing a regulatory framework for US dollar-backed stablecoins, is under intense scrutiny as lawmakers grapple ...