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In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen ...
This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
Senate Banking Chairman Tim Scott applauded the passage of the GENIUS Act in an exclusive interview with Fox News Digital.
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TAG24 on MSNUS Senate passes GENIUS Act to regulate stablecoin cryptoThe US Senate late Tuesday passed a bill to regulate stablecoins – cryptocurrencies pegged to assets like the dollar – in a ...
Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin ...
The bill’s fate was recently thrown into doubt over conflict-of-interest concerns surrounding the Trump family’s World Liberty Financial crypto firm.
It advanced out of the Senate Banking Committee in March with bipartisan backing, but bled Democratic support weeks later ...
The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now ...
The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what ...
The 68-30 vote on the GENIUS Act was the first time that the Senate has passed major legislation to regulate digital assets.
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