Senate passes GENIUS Act, setting federal rules for stablecoins. The bill boosts US-based issuers and limits Big Tech’s crypto ambitions.

In a significant development for the digital asset industry, the US Senate on Tuesday passed a bill aimed at creating a ...

To the delight of Silicon Valley, Big Tech and Wall Street, within the next week or two the Senate appears poised to approve the GENIUS Act ... from economic and political pressures, to protect ...

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

Nobel Prize winner Paul Krugman, recently condemned stablecoins for their limited real-world application and support of ...

The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.

The GENIUS Act plays a pivotal role in the regulation ... confidence in USD1—especially when considering the broader political dynamics that can influence sentiment and risk in the crypto ...

This historical context may impact investor confidence in USD1-especially when considering the broader political dynamics that can influence sentiment and risk in the crypto market. The GENIUS Act is ...