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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
The US Senate has approved the GENIUS Act. It sets rules for stablecoins. The bill requires full reserve backing and monthly ...
The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now ...
The Senate on Tuesday passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bill that ...
US Senate passes the GENIUS stablecoin bill, advancing it to the House for a vote in 3 weeks with rules on backing, audits, ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
In a significant development for the digital asset industry, the US Senate on Tuesday passed a bill aimed at creating a ...
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a ...
The GENIUS Act (S. 1582) was approved by the Senate today, thus moving federal regulations for stablecoins closer to reality ...
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
The GENIUS Act, a stablecoin regulation bill in the United States Senate, faces a key vote on June 17, and industry ...
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