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Senate, Stablecoin and Crypto

National Law Review · 2h

Senate Passes GENIUS Act: Landmark Federal Stablecoin Bill Advances to House

The US Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) by a vote of 68-30, a significant development for cryptocurrency regulation in the United States.

Crypto on The Street on MSN · 1h

Why the Senate passing the GENIUS stablecoin bill just broke the crypto dam

That strategy will become tricky. Coinbase CEO Brian Armstrong has advocated for bundling the two bills together, arguing that only passing the stablecoin bill may hurt enthusiasm or leverage to get the so-called CLARITY Act passed, which stand to remove crypto tokens — and Coinbase's role in selling them — from regulatory crosshairs.

Fortune on MSN · 4h

Crypto stocks soar after Senate passes stablecoin bill, Circle up over 50%

Shares of the first publicly-traded stablecoin company Circle continued to surge on Friday after the Senate passed legislation that would establish a regulatory framework for stablecoins, a type of cryptocurrency designed to maintain a value in line with the U.

10m

Tech stock hits all-time high after receiving 'First Buy' rating and 'genius' buzz

Since its public debut on June 5, the CRCL stock has surged more than 400% in value. It even hit an all-time high (ATH) of ...

11h

What is the GENIUS Act, and what would it change? Long Island experts break it down.

Experts hope the bill, which awaits approval in the House, marks a milestone toward more mainstream crypto, including on Long ...

1d

GENIUS Act Sets Stablecoin Rules, Leaves Trump Exemption Intact

The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...

What’s Next for the GENIUS Act and When Will it Become Law?

The GENIUS Act stablecoin bill passed the US Senate on June 17 with bipartisan vote, but what's next? When will it become a law?

1h

Coinbase: Powering Ahead Due To Stablecoin

Coinbase is well-positioned in massive stablecoin opportunity, with regulatory clarity unlocking significant growth potential ...

1don MSN

The GENIUS Act Could Have Interest-Rate Implications. Here's How.

The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...

2d

What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers

The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the ...

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