Senator Elizabeth Warren is worried a bipartisan stablecoin bill working its way through Congress doesn’t do enough to ...
Caitlin Long notes Elizabeth Warren’s efforts to smother bipartisan GENIUS Act (Guiding, Establishing National Innovation for U.S. Stablecoins Act).
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US ...
The GENIUS Act creates a clear federal framework for stablecoins in the US. The bill introduces strict reserve, licensing, ...
The GENIUS Act was introduced by Senators Bill Hagerty (R-Tenn.), Kirsten Gillibrand (D-N.Y.), Cynthia Lummis (R-Wyo.), and ...
As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to ...
The GENIUS Act, introduced by Senator Hagerty in February, seeks to establish clear guidelines for stablecoin payments in the ...
The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.
U.S. Senate Banking Committee approves GENIUS Act for stablecoin regulation, with bipartisan support advancing it toward a full Senate vote.
Stablecoins' growth raises concerns about potential "bank runs" that could disrupt markets, echoing past financial crises.