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 […]
US Senate Delays Trump Provisions in Cryptocurrency Stablecoin Bill, New Vote Likely
The cryptocurrency-friendly GENIUS Act, aimed at regulating stablecoins in the USA, faces an uncertain future. Despite its initial rejection by the US Senate in May, it may see […]
Stablecoin Bill Advances With GOP-Backed Changes; Senate Aimed for May Vote
The US Senate is poised to vote on a key bipartisan stablecoin bill as early as next week. The legislation, the Guiding and Establishing National Innovation for US […]
Stablecoin Legislation Gains Bipartisan Momentum in U.S. Senate
A renewed push for stablecoin regulation is underway, with lawmakers from both the Republican and Democratic parties aiming to revive legislation stalled due to controversy surrounding Donald Trump’s […]
Senate Delays Stablecoin Bill Vote, Raising Concerns for Crypto Regulation
The Senate failed to advance the GENIUS Act, a key bill aimed at regulating stablecoins, during its initial vote. This unexpected setback has raised concerns about the future […]
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 […]
Senate Halts Stablecoin Bill Amidst Partisan Gridlock
A key effort to regulate the cryptocurrency stablecoin market has stalled in the US Senate. Republicans, who had drafted the GENIUS Act with a focus on U.S. oversight […]
Senate Stalls on Stablecoin Bill, Raising Concerns About Market Clarity
The Senate is facing hurdles in advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a bill aiming to regulate stablecoins with bipartisan support. This […]
Senate Stalemate Hinders Passage of Stablecoin Bill
The U.S. Senate’s attempt to advance a revised stablecoin bill, known as GENIUS, faced challenges on Thursday when some senators indicated they had not seen the full text […]
US Senate Fails to Advance GENIUS Act, Impacting Stablecoin Regulation
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 Raises Concerns Over Binance Ties to Trump Amidst Crypto Regulation Debate
A group of US senators has sent a letter to the Department of Justice and the Treasury Department expressing concerns about former President Donald Trump’s ongoing ties to […]
Senator Scott Condemns Partisan Block of Stablecoin Bill
A key piece of bipartisan legislation aimed at establishing clearer regulations for stablecoins faced a setback due to partisan divisions in the US Senate. Senator Tim Scott, chairman […]
US Senate Blocks Stablecoin Regulation Bill: Why Did Democrats Oppose It?
The US Senate’s recent rejection of the GENIUS Act, aimed at regulating stablecoins, has sent shockwaves through the cryptocurrency industry. This bipartisan legislation fell short of the required […]
U.S. Senate Delays Stablecoin Regulation, Leaving Crypto Industry in Uncertainty
The U.S. Senate has blocked the GENIUS Act, a crucial bill aimed at regulating stablecoins. This action, driven by Democratic opposition, leaves stablecoin regulation in limbo and puts […]
Binance, Trump Family Under Fire as Senators Question Ties Amidst Regulatory Concerns
US Democratic senators have raised concerns about potential connections between cryptocurrency exchange Binance and ventures affiliated with former President Donald Trump. The senators, led by Chris Van Hollen […]