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The GENIUS Act aims to regulate some cryptocurrencies for digital payments and investments. () A new cryptocurrency ...
Congress redefined the playing field for digital assets. Although the recent Senate win was on party lines, the GENIUS Act promises to bring stablecoins – blockchain-based tokens pegged to fiat ...
The Senate should pass the Genius Act and provide greater support for Stablecoins. This will boost the power of the US dollar ...
A better regulatory regime would give payments companies access to the Fed’s payment rails without allowing them to take and ...
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Cryptopolitan on MSNU.S. senate officially approves ‘GENIUS Act’ to regulate crypto stablecoinsUnder the GENIUS Act, stablecoin issuers must hold cash and/or Treasury securities reserves and comply with AML/ATF standards ...
The GENIUS Act may pass the US Senate by May 26, setting regulatory clarity for stablecoins and accelerating institutional adoption of digital dollars.
Experts said the bill's passage could be a "watershed," allowing crypto to gain a stronger foothold in mainstream financial ...
The FCA says it hopes attracting crytpo-asset firms will contribute to UK growth: “we want to enable crypto-asset firms to ...
Stablecoins are the focus of the GENIUS Act, but if the bill is enacted into law, it will likely have an impact on U.S.
On May 19, the Senate voted 66-22 to move the Guiding and Establishing National Innovation for U.S. Stablecoins Act forward. The GENIUS Act is new legislation that creates regulation for the ...
Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.
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