The Senate passed the GENIUS Act to regulate stablecoins, earning praise from Ripple’s CEO as a landmark step.

In a defining moment for the crypto industry, the United States Senate has passed the GENIUS Act, a bill that sets up the first comprehensive regulatory framework for stablecoins, or digital tokens ...

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