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The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.
The U.S. Senate's passage of the GENIUS Act propelled Coinbase and Circle shares upwards, boosting stablecoin legitimacy.
The bill reads more like a wish list from crypto lobbyists than a serious attempt at oversight. It would create a framework without teeth, with no real limits on who could issue stablecoins and no ...
Circle shares surged 33% as Donald Trump urged lawmakers for “lightning fast” approval of the GENIUS stablecoin bill.
Chainlink price trended positive on Thursday as most altcoins bled, with LINK price up amid optimism around the GENIUS Act ...
US President Donald Trump urged the swift passage of the GENIUS Stablecoin Act after Senate approval with a 68-30 vote.
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
US Senate passed the GENIUS Act with a decisive 68-30 vote this week. Here's why the bill poses a threat to the likes of Visa ...
Ohio’s House passed the Ohio Blockchain Basics Act on Wednesday, which would tax-exempt crypto payments under $200 and ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
Coinbase and Circle stock prices surged on Wednesday trading following the US Senate’s approval of the GENIUS Act.
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
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