News with the tag "Genius act"

The U.S. House has passed the GENIUS Act, establishing federal stablecoin regulations, which crypto executives view as a turning point for regulatory clarity and industry growth.

President Donald Trump signed the GENIUS Act into law, a significant legislative win for crypto policy proponents, aimed at guiding and establishing national innovation for U.S. stablecoins.

President Trump signed the GENIUS Act into law, marking a significant development in U.S. crypto regulation, while the SEC considers easing rules for tokenization platforms. Democrats, led by Congresswoman Maxine Waters, strongly oppose these measures.

The GENIUS Act, a landmark U.S. stablecoin regulation bill, has passed Congress, requiring stablecoin issuers to meet bank-level standards and reshaping the industry's future strategies.

The cryptocurrency market is nearing a $4 trillion valuation, driven by institutional demand, legislative support, and the performance of major cryptocurrencies like Bitcoin and Ethereum.

Three key crypto-related bills—the GENIUS Act, CLARITY Act, and Anti-CBDC Act—passed the U.S. House of Representatives, marking a significant milestone for crypto policy in the U.S., despite opposition from some Democrats.

Washington's 'Crypto Week' has advanced three major bills—the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act—which could bring structured regulatory clarity to the U.S. crypto industry.

Tether's USDT stablecoin has surpassed $160 billion in supply, but faces potential regulatory challenges from the proposed GENIUS Act in the U.S., which could restrict its operations and market access.

The U.S. House of Representatives passed a procedural motion allowing the GENIUS stablecoin bill, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act to proceed to final votes, marking a significant step in digital asset legislation.

President Trump secured 11 GOP votes for the GENIUS Act after a meeting with holdouts, following an initial procedural defeat, as the bill aims to establish federal oversight for stablecoins and reinforce the U.S. dollar's dominance.