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Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.
The GENIUS Act is the first federal legislation to regulate stablecoins, requiring full 1:1 backing, public reserve disclosures, and federal licensing. Stablecoins offer faster, cheaper, ...
The crypto industry has scored a historic win this week after the stablecoin bill was cleared by the U.S. House and set for ...
The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.
Congress defines the Genius Act, also known as the Guiding and Establishing National Innovation for US Stablecoins, as ...
With Ethereum sitting at the center of the GENIUS Act tailwind, stablecoin dominance, and growing institutional allocations, ...