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GENIUS Act Passes Senate — But Big Stablecoin Challenges Remain
Stablecoins are back in the spotlight after the Senate finally passed the GENIUS Act — a key milestone in creating clear rules of the road for crypto firms to follow. The bill would require issuers to fully back their stablecoins with U.S. dollars, and licensing would depend on the total market capitalization of their digital assets.
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
Coinbase shares soared this week after the Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes the use of stablecoins. Monitor these crucial chart levels.
Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for ...
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Polymarket shows 89% odds on the GENIUS Act becoming law after Trump’s pushPolymarket shows an 89% chance that the GENIUS Act will become law after a key Senate vote and Trump’s push. If it passes, ...
Congress passed the GENIUS Act this week, boosting the market for stablecoins. Here's what investors need to know about the ...
GENIUS Act Approved - The U.S. Senate has passed the GENIUS Act, marking the first federal stablecoin regulation and a major ...
Circle stock rallied nearly 20% on the Senate's passage of a stablecoin regulation bill, a move that is considered to be a ...
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
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