The U.S. Senate is poised for a decisive vote on the GENIUS Act, scheduled for May 19th, following Majority Leader John Thune’s filing to end debate and a […]
Senate Approaching Agreement on GENIUS Act: Stablecoin Regulations Take Shape
Progress towards a final stablecoin bill, the GENIUS Act, is advancing as Senators reached consensus on 90% of its terms. However, ethical concerns remain, particularly regarding potential conflicts […]
Stablecoin GENIUS Act Amendment Tackles Consumer Protection & Ethics
The U.S. Senate has received a revised version of the stablecoin GENIUS Act, incorporating consumer protection and ethics considerations into its framework. This amendment signifies a significant shift […]
Big Tech Banned from Issuing Stablecoins: GENIUS Act Takes Aim at US Market
The US Senate has passed the GENIUS Act, aiming to reshape the stablecoin market by barring Big Tech companies from issuing their own digital currencies. This legislation requires […]
GENIUS Act Proposed: New Regulations Target Stablecoin Issuers
A new draft bill, known as the GENIUS Act, has been released and outlines several key regulatory measures for stablecoin issuers. This legislation seeks to restrict misleading claims […]
Bipartisan Amendment Proposed for GENIUS Act: Focus on Consumer Protection and Regulatory Frameworks
The U.S. Senate has been presented with a draft amendment to the GENIUS Act, marked by bipartisan agreement. According to PANews, this proposal features provisions addressing consumer protection, […]
Bipartisan Senators Near Consensus on GENIUS Act
Progress is being made towards achieving bipartisan consensus on the GENIUS Act, according to BlockBeats. A group of U.S. senators are working to finalize the bill’s text before […]
GENIUS Act: Will U.S. Senate Pass Bill Addressing Stablecoins Next?
The U.S. Senate faces a critical deadline to pass the GENIUS Act, legislation aimed at regulating stablecoins. After failing to advance in a recent vote, pressure is mounting […]
Elizabeth Warren Cites GENIUS Act as Threat to Democracy, Fueling Opposition
Senator Elizabeth Warren has raised serious concerns about the GENIUS Act’s potential impact on U.S. election security and financial regulation, highlighting its perceived risks of political corruption. This […]
Treasury Secretary Slams Senate for Lack of Action on Digital Asset Bill
U.S. Treasury Secretary Scott Bessent has voiced his disappointment with the Senate’s inaction on the GENIUS Act, calling it a missed opportunity to establish U.S. leadership in stablecoin […]
Senate Close to Finalizing GENIUS Act, Aiming to Regulate Stablecoins
The U.S. Senate is nearing a decision on the GENIUS Act, aiming to regulate stablecoins and address financial stability concerns. The bill’s resolution hinges on bipartisan negotiations involving […]