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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, marking the first major digital asset regulation to pass the upper chamber ...
Cryptopolitan on MSN16h
Crypto market sinks by 2% despite GENIUS Act winThe global crypto market continues to tumble on Wednesday as escalating tensions in the Middle East prompted investors to ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
Stocks of crypto trading exchanges also witnessed a rally. The largest crypto exchange in the U.S., Coinbase (Nasdaq: COIN), ...
The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for ...
Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.
Coinbase and other crypto-linked stocks surged a day after the Senate voted to pass the GENIUS Act, a landmark bill creating ...
CCN on MSN13h
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 ...
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