Lawmakers in the US Senate are scheduled to consider a vote on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, after a majority chose to invoke…
Senate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are.In a letter sent to the social media giant on Wednesday, the lawmakers asked the…
Key Points:The U.S. Senate advanced the GENIUS Act on June 11, significant for stablecoin regulation.Cloture vote allows a final vote on stablecoin oversight.Major impact anticipated on stablecoin issuers and market…
The U.S. Senate made a key move to regulate crypto, approving its first big vote 68-30 in favor of the GENIUS Act, a bill that targets establishing clear guidelines for…
The U.S. Senate has advanced major stablecoin legislation, passing a crucial procedural hurdle in a 68-30 vote. The legislation, which is known as the GENIUS Act, is widely expected to…
The US Senate has voted to advance a crypto stablecoin bill known as the “Genius Act.” The legislation is already backed by the crypto industry and President Donald Trump. According…
In a 68-30 vote, the US Senate chose to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, more than a month after it was introduced.Speaking…
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…