A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World ...

It advanced out of the Senate Banking Committee in March with bipartisan backing, but bled Democratic support weeks later ...

Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...

Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.

The landmark legislation triggered significant market reactions, with Coinbase Global (NASDAQ: COIN) surging 10.57% to $280.67 and Circle Internet Group (NASDAQ: CRCL) experiencing an extraordinary 18 ...

The GENIUS Act’s passage signals a new era for stablecoins in America, overcoming fierce opposition and failed amendments ...

The US Senate has passed the GENIUS Act in a 68–30 vote, marking the first major federal move to regulate stablecoins.

Donald Trump Jr. framed stablecoins as a tool for reinforcing U.S. dollar dominance, calling them “the savior of dollar hegemony, not a detractor of it.” ...

Vietnam's Techsmart Telecom, the Institute of Information Technology and CyberSecurity, UAE's Venom Foundation and Abu ...

CEO Richard Teng says any public listing must be approved at the highest levels, leaving timing open for Binance.