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If signed into law, the stablecoin bill would require tokens to be backed by liquid assets - such as US dollars.
The US Senate has passed the GENIUS Act in a 68–30 vote, marking the first major federal move to regulate stablecoins.
The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...
If passed, it will establish for the first time a regulatory regime for stablecoins, a fast-rising financial product.
This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election ...
A JP Morgan exec warned of an "overcrowding" stablecoin market as the bank applies to trademark JPMD for a "virtual currency" ...
B3, a Brazilian stock exchange, has started trading Ethereum and Solana futures contracts in US dollars. The firm announced ...
ADA has fallen 5.35% in the last 24 hours, dropping from $0.657 to $0.6154, as support levels are tested and broader market ...
The U.S. Senate is set to vote on the GENIUS Act, a bill aiming to regulate stablecoins and promote innovation in digital ...
(Reuters) - As the US stablecoin bill, known as the GENIUS Act, advances in the Senate, a once-niche corner of the crypto ...
Arthur Hayes warns Circle’s IPO and stablecoin listings are overvalued, with banks entering and Tether dominating, risking ...