Trump signs Genius Act into law
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In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing
A major issue for banks is whether stablecoin issuers will lure away customer deposits. A Treasury Department report in April estimated that stablecoins could lead to as much as $6.6 trillion in deposit outflows, depending in part on whether issuers could offer yields similar to bank accounts.
Mastercard promotes stablecoins, as a stable currency prepared to make real-world difference, supported by regulatory certainty and reliable payments infrastructure that offends worldwide use.
In a significant development in the cryptocurrency sphere, the U.S. House of Representatives has introduced the 'Genius Act,' a legislative proposal
In a week in which Bitcoin hit a new high and the crypto market saw huge gains, the U.S. Congress has officially passed the GENIUS Act, its first national
President Trump signed the GENIUS Act into law, a landmark bill that establishes a regulatory framework for stablecoins. We asked Seeking Alpha analysts Mike Fay and BullBear Trading what the law means from the crypto sector.
Tether USDT compliance with the US GENIUS Act confirmed by CEO Paolo Ardoino, signaling major changes for stablecoins in the U.S. regulatory landscape.
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Cryptopolitan on MSNUS lawmaker slams GENIUS Bill as CBDC trojan horseUS Congresswoman Marjorie Taylor Greene has warned starkly against the newly introduced GENIUS Act, which she fears will push a forced agenda in the US for a state-backed Central Bank Digital Currency (CBDC).
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.
The U.S. Senate may soon pass the GENIUS act, a bill to regulate stablecoins. Here’s what that could mean for the future of asset-backed cryptocurrencies.
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.