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US Senate approves GENIUS Act to regulate stablecoins; bill moves to house
In a significant development for the digital asset industry, the US Senate on Tuesday passed a bill aimed at creating a comprehensive regulatory framework for US dollar-pegged cryptocurrency tokens, commonly known as stablecoins.
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
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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 ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
Poised for passage, the GENIUS Act is a landmark bill that would federally regulate the US stablecoin industry. Despite recent disagreements between Republican and Democratic Senators, the bill passed ...
The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how ...
Circle Internet Group shares surged Wednesday, a day after the Senate passed a bill that would set up federal boundaries for ...
The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of ...
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