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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.
The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now ...
The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin ...
The US Senate has approved the GENIUS Act. It sets rules for stablecoins. The bill requires full reserve backing and monthly ...
The GENIUS Act (S. 1582) was approved by the Senate today, thus moving federal regulations for stablecoins closer to reality ...
Today, on a bipartisan basis, the Senate passed its first piece of major legislation this Congress with my bill—the GENIUS ...
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
US Senate passes the GENIUS stablecoin bill, advancing it to the House for a vote in 3 weeks with rules on backing, audits, ...
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the ...
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