U.S. senators are pressing Meta CEO Mark Zuckerberg for clarity regarding the company’s intentions to launch a stablecoin, amidst scrutiny over potential privacy risks and regulatory implications as […]
U.S. Senate Advances GENIUS Act: What This Means for Stablecoin Regulation
The U.S. Senate voted overwhelmingly to advance the GENIUS Act, with a 68-30 vote on June 11th. This pivotal step brings stablecoin regulation closer to reality as the […]
Meta Faces Scrutiny from US Senators Over Potential Stablecoin Plans
With the US Senate poised to vote on legislation regulating payment stablecoins soon, senators Elizabeth Warren and Richard Blumenthal have raised concerns about Meta’s potential plans for another […]
US Senate Approves GENIUS Bill, Setting Stage for Stablecoin Regulations
The US Senate has taken a decisive step forward with the vote on the Government Oversight of Enhanced National Interest in US Stablecoins Act, commonly known as the […]
Coinbase CEO Backs Stablecoin Regulation Bill: What’s Next?
Brian Armstrong, CEO of Coinbase, has offered optimistic words regarding the upcoming vote on the GENIUS Act, a potential game changer for U.S. stablecoin regulation. His endorsement, coupled […]
Senate Approaching Vote on Stablecoin Regulation Act: GENIUS Act
A key vote is looming for legislation aimed at regulating stablecoins, known as the GENIUS Act. This act, spearheaded by Senator John Thune and backed by the Senate […]
US Senate Advances GENIUS Act Towards Cloture Vote, Shaping Future of Stablecoins
The US Senate is poised to take action on stablecoin legislation with the upcoming vote on the GENIUS Act. This bill, spearheaded by Senators Bill Hagerty and John […]
Hawley Opposes GENIUS Act, Criticizing Big Tech’s Benefits
Senator Josh Hawley has cast a dissenting vote against the GENIUS Act, citing concerns that it unfairly benefits major tech companies. He argues the legislation will allow these […]
Big Tech Exploring Stablecoin Integration as GENIUS Act Debates Heat Up
Major tech companies are exploring the use of stablecoins, potentially reshaping global payment systems. Discussions regarding their integration emerged alongside congressional deliberations on the GENIUS Act in the […]
Warren Calls for Action on Crypto Wallet Loophole in GENIUS Act
Sen. Elizabeth Warren has challenged the GOP’s decision to exempt certain crypto wallets from reporting requirements within the GENIUS Act, arguing it undermines efforts to curb illicit activity […]
Warren Challenges Crypto Wallet Exemption in GENIUS Act
Senator Elizabeth Warren has criticized a newly inserted provision in the GENIUS Act that exempts cryptocurrency wallets from regulation, highlighting concerns over potential consumer protections gaps. The amendment […]
Over 60 Amendments Proposed as Senate Gears Up to Vote on GENIUS Act
The U.S. Senate is racing against time to finalize the GENIUS Act, a significant piece of legislation currently undergoing intense negotiations. With over 60 proposed amendments under consideration, […]
GENIUS Act Advances Through Senate, With 60 Amendments
The GENIUS Act has gained significant momentum in the US Senate, securing a 66-32 vote to advance its regulatory framework for stablecoins. Key players like Senators Kirsten Gillibrand […]
GENIUS Act Negotiations Heat Up: Senate Set to Make Progress on Stablecoin Bill
Senate negotiations surrounding the GENIUS Act, a landmark legislation for stablecoin regulation in the U.S., are progressing rapidly. Over 60 amendments have been proposed, and senators are working […]
Lobbying Intensifies for Stablecoin Bill Passage Amidst Senate Debate
Leading US stablecoin industry groups are urging lawmakers to prioritize the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, as it faces potential […]