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Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
Payment strategy has changed, with top executives in US banks calling it out. Executives of JPMorgan, Citigroup, and Bank of ...
Meanwhile, the move by Congress to pass the stablecoin legislation without attaching another piece of payments legislation, ...
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto ...
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
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, ...