Senate Passes Stablecoin GENIUS Act: A Major Win for Large Banks? If the legislation is passed in the House, it is likely to trigger a rise in new stablecoin issuers, as major traditional firms, including large banks and major retail chains like Amazon Inc AMZN
Senate passes stablecoin framework in major crypto milestone The Senate on Tuesday passed legislation creating a regulatory framework for payment stablecoins in a major milestone for the crypto industry Lawmakers voted 68-30 to pass the GENIUS Act, wh…
Senate Passes Cryptocurrency and Stablecoin Rules Bill The stablecoin bill would give a government imprimatur to an important branch of the industry and help encourage more companies in the traditional finance world to experiment with digital currencies