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 […]