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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.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Bankrate on MSN1d
What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayersThe GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, marking the first major digital asset regulation to pass the upper chamber ...
The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for ...
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Stocks of crypto trading exchanges also witnessed a rally. The largest crypto exchange in the U.S., Coinbase (Nasdaq: COIN), ...
Coinbase and other crypto-linked stocks surged a day after the Senate voted to pass the GENIUS Act, a landmark bill creating ...
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Crypto Industry Leaders React To GENIUS Act: Ava Labs, T3RRA and Neo Executives CelebrateCrypto and blockchain leaders have responded to the passing of the GENIUS Act. The Senate passed the first-of-its-kind crypto legislation on June 17. By removing ...
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