The United States Senate Banking Committee is preparing a new legislation bill that would establish definitive guidelines for the crypto industry. In pursuit of this endeavor, the committee will be…
The US crypto industry is celebrating as the GENIUS Act, a framework for stablecoin regulation, was passed in the US Senate on June 17.The bill passed 68-30 in a bipartisan…
Shares in Circle Internet Group (CRLC) stock are surging on Thursday following the US Senate’s landmark approval of a new stablecoin bill. The legislation commonly known as the “GENIUS Act”…
Ripple CEO Brad Garlinghouse has reacted to the passage of the GENIUS Act, calling it "a truly historic moment." Garlinghouse has noted that this is the first major financial bill…
As expected, the Senate passed the GENIUS Act with bipartisan support Tuesday evening. It’s the first stablecoin-focused bill to pass a chamber of Congress. The bill passed in a 68-30 vote. The…
The U.S. Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act (S. 394) by a vote of 68-30, establishing the first comprehensive federal framework for…
The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, is one step closer to becoming law in the US after the US Senate voted to pass an…
Key Points:U.S. Senate approaches approval of stablecoin bill, affecting crypto regulations.Senate secures votes, ongoing implications expected.Stablecoin, DeFi ecosystems anticipate regulatory clarity boost.
The U.S. Senate is nearing a decisive moment as…
In brief
The Senate passed the GENIUS Act, its first major piece of crypto legislation Tuesday.
The bill establishes a framework for issuing and trading stablecoins, cryptocurrencies usually pegged to the U.S.…
GENIUS Act, a key piece of U.S. stablecoin regulation that gives a head start to U.S.-regulated issuers, is advancing in the Senate. The news sparked widespread reaction across the crypto…