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A quiet revolution took place in Washington last week. With the passage of the GENIUS Act, the U.S. government established its first comprehensive legal framework for digitally-driven value systems ...
Technology Technology   The Big Story What to know as the GENIUS Act becomes lawPresident Trump signed the GENIUS Act into ...
The GENIUS Act aims to regulate U.S.-dollar stablecoins, which could change the landscape of digital payments.
The GENIUS Act represents more than just regulatory reform—it signals a decisive shift in how the U.S. approaches digital finance.
On June 17, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, vaulting the first comprehensive federal stablecoin framework over its ...
The GENIUS Act, the stablecoin ... Most stablecoins try to achieve a stable value by using cash and short-term securities (often U.S. Treasuries) ... long before the 2008 financial crisis.
The U.S. Senate passed the Genius Act, establishing a federal regulatory framework for stablecoins. Stablecoins, digital currencies pegged to another asset (often the U.S. dollar), have grown ...
Circle shares jumped 34% the day after the Genius Act passed the Senate. For years, Tether was dogged by worries that it didn’t have sufficient reserves to underpin the $1 value of its stablecoins.
Arthur Hayes argues that the GENIUS Act's push for stablecoins isn't about innovation but about helping banks funnel trillions into government bonds, easing America's debt pressures.
After a ten-hour procedural vote, the U.S. House of Representatives approved rules to advance cryptocurrency legislation Wednesday night. The procedural vote passed 217-212, clearing the path for ...