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· 10hGENIUS Act Passes Senate — But Big Stablecoin Challenges Remain
Stablecoins are back in the spotlight after the Senate finally passed the GENIUS Act — a key milestone in creating clear rules of the road for crypto firms to follow. The bill would require issuers to fully back their stablecoins with U.S. dollars, and licensing would depend on the total market capitalization of their digital assets.
Cryptopolitan on MSN1h
Polymarket’s 89% odds on the fate of the GENIUS Act sparks controversy in the crypto spaceCrypto users are betting on the likelihood that US stablecoin legislation will advance, spurred by a key Senate vote. On ...
COIN and CRCLE are some of the US crypto stocks surging after the GENIUS Act passed, signaling strong growth in the crypto ...
The US Senate has passed the Genius Act with strong bipartisan support marking a historic shift toward federal regulation of ...
US Senate approves GENIUS Act, bringing stablecoins into mainstream finance with clear regulatory framework, boosting crypto ...
The GENIUS Act stablecoin bill passed the US Senate on June 17 with bipartisan vote, but what's next? When will it become a law?
The US Senate on june 18, passed the GENIUS Act, a landmark bill that aims to regulate stablecoins, the type of ...
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
A bipartisan bill regulating and promoting "stablecoin" cryptocurrencies passed in the Senate Tuesday in a 68-30 vote, giving a boost to the legitimacy of digital currencies.
Bankrate on MSN2d
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 ...
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