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Stablecoin's GENIUS Act marks 'new phase' for crypto
The Senate passed stablecoin legislation — the GENIUS Act — with rare bipartisan support, setting the stage for the US to modernize how dollars move globally. Solana Institute president Kristin Smith joins Catalysts to explain how this development could open the door for banks and blockchain networks to scale stablecoin use.
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Issuers of digital currencies need Treasury bills for their reserves, but analysts say the consequences are uncertain.
Key Takeaways The Senate on Wednesday passed the GENIUS Act, which establishes rules for stablecoin issuers, including a ...
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The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
Stocks of crypto trading exchanges also witnessed a rally. The largest crypto exchange in the U.S., Coinbase (Nasdaq: COIN), ...
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Stablecoin adoption among United States banks and financial institutions may accelerate following the passage of new ...
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