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In a defining moment for the crypto industry, the United States Senate has passed the GENIUS Act, a bill that sets up the first comprehensive regulatory framework for stablecoins, or digital tokens ...
Senate passes GENIUS Act, setting federal rules for stablecoins. The bill boosts US-based issuers and limits Big Tech’s crypto ambitions.
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen ...
In a significant development for the digital asset industry, the US Senate on Tuesday passed a bill aimed at creating a ...
Senate leaders are hailing the GENIUS Act stablecoin bill as a landmark piece of legislation that overcame the partisan divisions of Trump’s second term.
At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...
A significant number of Democrats, 16, joined Republicans in advancing the crypto legislation. The GENIUS Act would create a ...
The GENIUS Act, the stablecoin legislation currently moving through the Senate, might be the best chance to deliver a favorable legal framework soon, and the chances are better because the Trump ...
“Ed Mitchell was a political genius,” said Reilly, executive director at the Wyoming Valley Sanitary Authority. “He had an innate ability to understand the mood of the electorate and he knew ...
Congress may be planting the seeds for the next financial crisis if it passes the GENIUS Act. The act, which is progressing through the Senate, is marketed as regulating a class of ...
And yet Musk is now much less of a political attention magnet ... wear the cheese hat, act like a 9-year-old. . . . It doesn’t work. It’s offensive to people.”) Hayes told Klein that ...