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Technology Technology   The Big Story What to know as the GENIUS Act becomes lawPresident Trump signed the GENIUS Act into ...
A quiet revolution took place in Washington last week. With the passage of the GENIUS Act, the U.S. government established its first comprehensive legal framework for digitally-driven value systems ...
GENIUS Act sets new rules for stablecoins, aiming to boost U.S. leadership in digital assets—though critics warn of regulatory flaws and conflicts of interest.
After a ten-hour procedural vote, the U.S. House of Representatives approved rules to advance cryptocurrency legislation Wednesday night. The procedural vote passed 217-212, clearing the path for ...
On June 17, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, vaulting the first comprehensive federal stablecoin framework over its ...
Circle shares jumped 34% the day after the Genius Act passed the Senate. For years, Tether was dogged by worries that it didn’t have sufficient reserves to underpin the $1 value of its stablecoins.
The U.S. Senate passed the Genius Act, establishing a federal regulatory framework for stablecoins. Stablecoins, digital currencies pegged to another asset (often the U.S. dollar), have grown ...
The GENIUS Act represents more than just regulatory reform—it signals a decisive shift in how the U.S. approaches digital finance.
Arthur Hayes argues that the GENIUS Act's push for stablecoins isn't about innovation but about helping banks funnel trillions into government bonds, easing America's debt pressures.
The GENIUS Act, the stablecoin ... Most stablecoins try to achieve a stable value by using cash and short-term securities (often U.S. Treasuries) ... long before the 2008 financial crisis.
The GENIUS Act (S. 1582) provides rules for firms to issue "payment ... “It’s encouraging to see one of the world’s largest markets recognising the long-term role that tokenized ...