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The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.
The U.S. Senate's passage of the GENIUS Act propelled Coinbase and Circle shares upwards, boosting stablecoin legitimacy.
The bill reads more like a wish list from crypto lobbyists than a serious attempt at oversight. It would create a framework without teeth, with no real limits on who could issue stablecoins and no ...
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InvestorsHub on MSNBitcoin Remains Stable Around $105K Amid Middle East Unrest and Fed CautionBitcoin (COIN:BTCUSD) saw minimal price movement on Thursday, trading within a tight range as investor nerves persisted over ...
Circle shares surged 33% as Donald Trump urged lawmakers for “lightning fast” approval of the GENIUS stablecoin bill.
Chainlink price trended positive on Thursday as most altcoins bled, with LINK price up amid optimism around the GENIUS Act ...
US President Donald Trump urged the swift passage of the GENIUS Stablecoin Act after Senate approval with a 68-30 vote.
Bitcoin (BTC-USD) held firm above the $105,000 (£78,315) mark on Thursday, defying a broader risk-off sentiment in global markets as geopolitical tensions flared and the US Federal Reserve struck a ...
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Arabian Post on MSNTrump urges swift House approval of GENIUS stablecoin lawU.S. President Donald Trump has appealed directly to the House of Representatives to pass the GENIUS Act—a bipartisan stablecoin regulation bill cleared by the Senate—without any amendments or delays, ...
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
History may be in the making for the crypto world. Shares of Circle and Coinbase surged on Wednesday after the US Senate passed the long-awaited GENIUS Act, a landmark bill aimed at regulating ...
Stablecoin market cap crossed $250 billion for the first time, signaling explosive growth. The GENIUS Act cleared its final ...
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