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The GENIUS Act opens the door for more mainstream stablecoins with higher levels of trust and market competition.
President Trump, who is rapidly expanding his fortune by investing in crypto, has now signed the first major piece of crypto ...
The GENIUS Act, formally known as the Guiding and Establishing National Innovation for US Stablecoins Act marks a historic ...
One of Trump’s next steps, on July 18, was to sign into law the Genius Act, establishing federal rules for the issuance of ...
The first piece of legislation to regulate cryptocurrencies in the United States is now law.
The Motley Fool has a disclosure policy. 3 Concerns Investors Have if the Cryptocurrency-Focused Genius Act Becomes Law American flag is plugged into the middle of a circuit board.© Getty Images ...
Much attention has been paid to the regulatory and customer protection provisions of the proposed Guiding and Establishing National Innovation of US Stablecoins Act, the so-called GENIUS Act, S ...
An OG Bitcoin whale’s $9.6 billion transfer and the stablecoin audit requirements imposed by the GENIUS Act are sparking correction concerns among some industry watchers.
The House ultimately voted 308-122 to pass the GENIUS Act, with 102 Democrats joining most Republicans to support the legislation. Here are five things to know about the newly minted stablecoin law: ...
The Genius Act sets rules on who can issue them, including what reserves, audits, and money laundering preventions they need to enforce. However, some aspects of the bill are raising concerns.