The US Senate’s failure to advance the GENIUS Act for stablecoin regulation has sparked uncertainty in the market, especially for companies like Tether. The bill, which aimed to […]
Senate Probes Potential Binance & Trump Family Link in Cryptocurrency Deals
Seven Democratic Senators sent a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, expressing concern over the lack of regulatory oversight for Binance, which has […]
Treasury Secretary Criticizes Senate for Delaying Stablecoin Bill, Urging American Leadership
In a public statement shared on X, Treasury Secretary Bessent expressed disappointment with the Senate’s inaction regarding the GENIUS Act, which aimed to establish clear regulatory guidelines for […]
U.S. Senate Blocks Stablecoin Regulation, Leaving Market Uncertain
A crucial regulatory bill for stablecoins, known as the GENIUS Act, failed in a narrow vote within the U.S. Senate. The 48-49 vote left the future of this […]
U.S. Senate Blocks Stablecoin Bill in Narrow Vote
The U.S. Senate narrowly blocked stablecoin regulation on [date], casting aside the bill with a 48-49 vote, leaving the future of these cryptocurrencies in legal limbo. This decision […]
Senate Blocks Stablecoin Regulation Bill, Market Uncertainty Remains
The U.S. Senate has rejected the GENIUS Act, a proposed stablecoin regulation bill, with a vote of 48-49, falling short of the required 60 votes. Senators Warren and […]
U.S. Senate Blocks Stablecoin Regulation, Market Uncertainty Rises
The U.S. Senate has rejected the GENIUS Act, a landmark bill aiming to regulate stablecoins for the first time. This narrow 48-49 vote reflects deep partisan divisions and […]
Senate Republicans Drive Stablecoin Bill Forward, Facing Democratic Resistance
The US government continues its efforts to navigate a regulatory landscape for digital assets. A crucial piece of legislation aimed at stabilizing the rapidly growing cryptocurrency market is […]
Senate Blocks Stablecoin Regulation with Narrow Vote
The U.S. Senate has voted to reject the GENIUS Act, a crucial bill aimed at establishing stablecoin regulations. This decision leaves the cryptocurrency market in a state of […]
US Senate Blocks Major Cryptocurrency Regulation, Stablecoins Remain Unclear
Senator Lummis’s efforts to establish a national framework for stablecoin issuance and oversight failed after a close vote in the US Senate. The bill was seen as crucial […]
Ripple Reaches Historic Settlement with SEC, XRP Price Expected to Fluctuate
After a long-standing legal battle, Ripple Labs has reached an agreement with the U.S. Securities and Exchange Commission (SEC) to settle their dispute. The settlement involves a $50 […]
GENIUS Act Stalled: Cryptocurrency Regulation Faces Setback in U.S. Senate
The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, suffered a major setback in the U.S. Senate on May 8th. […]
U.S. Treasury Seeks Digital Asset Leadership Position
The U.S. Treasury is aiming to establish itself as the global leader in digital asset regulation. Key legislative proposals focus on reshaping regulatory roles, including those of the […]
Stablecoin Regulation Bill Faces Opposition in Senate
A key piece of legislation aimed at regulating US stablecoins is facing pushback from Democratic senators, threatening its path to passage and potentially impacting the future of cryptocurrency […]
Florida Halts Bitcoin Reserve Bills Amidst State-Level Cryptocurrency Uncertainty
Florida’s withdrawal of proposed Bitcoin reserve bills signals a shift in its stance towards cryptocurrency investments. While these bills aimed to allocate up to 10% of state funds […]