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GENIUS Act legislation

U.S. Senate Advances GENIUS Act to Establish Federal Stablecoin Regulations

The U.S. Senate is preparing for a decisive vote on the Generating Responsible Innovation for Trusted Yield and Sanctions Infrastructure (GENIUS) Act, legislation proposing comprehensive federal oversight for dollar-backed stablecoins. The bill mandates that all stablecoins must maintain one-to-one backing… Read More »U.S. Senate Advances GENIUS Act to Establish Federal Stablecoin Regulations