House passes historic crypto bill, GENIUS Act
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The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.
The U.S. House of Representatives passed the Genius Act, creating a regulatory framework for stablecoins, and sent it to President Trump for approval. This development boosts the digital asset industry by promising regulatory clarity and consumer protection while reinforcing U.
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.
The XRP price sits significantly above key moving averages, including the 50-day Exponential Moving Average (EMA) at $2.37, the 100-day EMA at $2.30, and the 200-day EMA at $2.16. All of these averages bolster the bullish outlook and could serve as support levels in the event of a trend reversal.
The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul ...
The GENIUS Act: A Brief Overview. The GENIUS Act is one of several Congressional initiatives aimed at regulating the issuance and operation of various crypto assets. The Act focuses on so-called ...
Overview. Circle Internet Group surged past a $50b market cap shortly after IPO following the US Senate passage of the GENIUS Act, which provides long-awaited regulatory clarity for stablecoins ...
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.