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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.
The Senate passed the GENIUS Act to regulate stablecoins, earning praise from Ripple’s CEO as a landmark step.
The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
The Senate is poised to pass the GENIUS Act regulating stablecoins, a key form of cryptocurrency, aiming to increase ...
US could be the epicenter for stablecoins with the proposed GENIUS Act, making them a mainstream financial rail for the ...
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