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 sets the stage for US stablecoin regulation amid rising scrutiny of Trump’s billion-dollar crypto empire and ...

Senate leaders are hailing the GENIUS Act stablecoin bill as a landmark piece of legislation that overcame the partisan divisions of Trump’s second term.

Democrats had sought to amend the bill to prohibit the president from profiting from a stablecoin venture while in office, ...

Elon Musk’s alleged effort to integrate stablecoin payments into X through “X Money” faces mounting pressure as his public feud with Donald Trump escalates. As ...

Elizabeth Warren has urged closing a GENIUS Act wallet exemption, which she says may let Trump profit from stablecoins, ...

The bill, which recently cleared a key procedural hurdle on the 19th of May, is now under intense scrutiny as lawmakers struggle with over 60 proposed amendments.

The GENIUS Act, the stablecoin legislation currently moving through the Senate, might be the best chance to deliver a favorable legal framework soon, and the chances are better because the Trump ...

The added level of scrutiny suggests that China's export controls on rare earths and the associated magnets - where it has a near-monopoly on production - could become a permanent feature for the ...

This week the Senate will vote on the GENIUS Act, which will enable banks to issue stablecoins. A similar bill on the House side, the STABLE Act, is also slowly moving towards passage. It seems ...