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If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable ...
Opinion: Indiana University's Vivian Fang says the Senate's passage of stablecoin legislation is an important milestone, but ...
Crypto analyst and former CEO of BitMEX, Arthur Hayes, has revealed why the US government is so curious about stablecoins.
GENIUS Act targets Tether's opaque reserves, pushing the $156 billion giant to comply or exit the U.S. market.
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
The Senate voted 68-30 late Tuesday to pass the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill ...
Congress must pass the GENIUS Act as a crucial first step in creating a federal framework that establishes how stablecoin issuers may operate in the US. Additionally, clear regulations will support ...
The legislation would allow corporations to issue their own ‘stablecoins’, which are essentially digital casino chips.
The GENIUS stablecoin bill could open the floodgates to Big Tech stablecoins, but there’s debate whether they’ll see ...
If the GENIUS Act indeed receives congressional and presidential approval, it will have far-reaching implications for various stakeholders in the stablecoin and broader digital asset markets.
The GENIUS Act’s impact on embedded finance is that it makes all these use cases far more feasible at scale. Conservative players who were once wary of crypto can now trust that regulated stablecoins ...
That strategy will become tricky. Coinbase CEO Brian Armstrong has advocated for bundling the two bills together, arguing ...