We Need to Fix the So-Called GENIUS Bill

What the GENIUS Act Means for Stablecoins and Advisors

Who wouldn’t like a little more stability in their life? In the chaotic world of crypto, at least, some may be on the way.  The Senate approved a regulatory framework for stablecoins, dubbed the GENIUS Act, this week. The bill, which has yet to be passed by the House of Representatives, would require tokens to be backed by liquid assets including the US dollar and short-term Treasurys, and issuers would have to publicly disclose composition of t…

We Need to Fix the So-Called GENIUS Bill

A bipartisan majority in the Senate has just passed the GENIUS Act to provide a regulatory framework for stablecoins. A similar bill, the STABLE Act, is working its way through the House. President Trump wants to sign a stablecoin bill into law this year, so it looks like we are well on our way to a long overdue regulatory regime for stablecoins.Or are we? We shouldn’t count our chickens before they hatch. The proposed legislation is flawed and …

GENIUS Act puts renewed spotlight on stablecoins, digital assets

The regulatory clarity the measure proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as banks, examining the space, EY’s Paul Brody said.

Trump Demands GENIUS Act Approval as Crypto Bill Gains Speed

President Donald Trump has demanded Congress send the newly passed GENIUS Act directly to his desk, and he wants it fast. Calling for “no delays, no add-ons,” Trump’s urgency underscores just how pivotal this legislation could be for the stablecoin industry and the broader U.S. crypto market. Passed in the Senate with bipartisan support (68–30) on June 18, 2025, the GENIUS Act, short for Guiding and Establishing National Innovation for US Stable…