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The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
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.
The U.S. Senate has passed the GENIUS Act, the first federal stablecoin bill, establishing dollar-backed reserves and ...
Elizabeth Warren has urged closing a GENIUS Act wallet exemption, which she says may let Trump profit from stablecoins, ...
Fairshake PAC Steps Up Pressure for Clearer Crypto Rules As legislative sponsors rally to refine the GENIUS Act, the crypto industry’s political arm, Fairshake Super PAC, is ramping up pressure ...
The Senate voted 66–22 to advance the GENIUS Act, showing strong support from ... are missing because the bill could do more to limit political influence, protect users from abuse, and make ...
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 crypto-focused GENIUS Act advanced in a procedural vote in the ... President Donald Trump's crypto dealings, which have drawn scrutiny on both sides of the aisle. While some Democrats ...
The measure passed a procedural vote 66–32 on Monday, overcoming weeks of political gridlock and signaling a major shift in approach to digital assets. If passed into law, the GENIUS Act would ...
The Independent is trusted by Americans across the entire political spectrum ... A new cryptocurrency regulation bill called the GENIUS Act is moving through the Senate, bringing increased ...