The supply of yield-bearing stablecoins has surged since the passing of the GENIUS stablecoin bill in July, which prohibits issuers from offering yields on stablecoins.Data shows the biggest beneficiaries have…
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…
The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin…
Key Points:Congressional rule bypassing, market volatility, and regulatory uncertainty impacts.U.S. House circumvents voting rules during bill passage.Potential significant volatility in crypto markets, warns experts.
Congressman Thomas Massie criticized U.S. House procedures…
Key Takeaways:The GENIUS Act is advancing to the Senate floor to establish stablecoin oversight rules.
Crypto groups urge lawmakers to keep the bill focused, as unrelated amendments threaten delays.
Citigroup forecasts the…
Panama City Mayor Mayer Mizrachi has proposed an idea that could bring Bitcoin into one of the world’s most important trade routes. Speaking at the Bitcoin 2025 conference in Las…
The U.S. Senate voted to move ahead on stablecoin legislation Monday night, removing a procedural barrier to ultimately passing the bill out of the body entirely.Senators easily cleared the 60-vote…