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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 multi-trillion-dollar cryptocurrency system. The bill’s name stands for Guiding and Establishing National Innovation for U.
Cryptopolitan on MSN2h
Polymarket’s 89% odds on the fate of the GENIUS Act sparks controversy in the crypto spaceCrypto users are betting on the likelihood that US stablecoin legislation will advance, spurred by a key Senate vote. On ...
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
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?
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Cryptopolitan on MSN12h
GENIUS Act already under attack from legacy media and fintech stakeholdersThe GENIUS Act, recently passed by the US Senate, faces criticism from The New York Times and fintech leaders over its potential economic risks.
The GENIUS Act, a stablecoin regulation bill in the United States Senate, faces a key vote on June 17, and industry ...
The U.S. Senate has passed the GENIUS Act. The House is under pressure to vote on the legislation before the August recess.
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