GENIUS Stablecoin Bill Advances in U.S. Senate
34 Articles
34 Articles

The Senate just advanced a bill to regulate stablecoins—what the GENIUS Act could mean for crypto and other investors
The U.S. Senate may soon pass the GENIUS act, a bill to regulate stablecoins. Here’s what that could mean for the future of asset-backed cryptocurrencies.
Senate Moves Forward With GENIUS Act, Paving The Way For Controllable Digital Currency
by Matt Agorist, The Free Thought Project: (Reclaim The Net) The Senate has taken a significant step toward federal regulation of stablecoins by advancing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS Act), a proposal designed to lay the groundwork for the mainstream adoption of digital currencies in the United States. The bill cleared […]
GENIUS Stablecoin Bill Advances in U.S. Senate
The Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the GENIUS Act, passed a crucial procedural vote in the U.S. Senate on Wednesday, a significant advance toward its final passage. The Senate voted 68-30 to invoke cloture on the bill, overcoming a filibuster option and setting the stage for a final floor vote that will require only a simple majority. This story is an excerpt from the Unchained Daily newslett…
Ripple Mints 12 Million RLUSD As Senate Prepares To Vote On Stablecoin Bill
Ripple mints 12M RLUSD after a month-long pause, just days before the Senate’s GENIUS Act vote. The timing hints at a strategic move, possibly signaling Ripple’s confidence in upcoming regulation. RLUSD trading volume jumps 30%, as the total supply nears 405M across Ethereum and the XRP Ledger. Ripple has suddenly re-entered the stablecoin spotlight, minting 12 million new RLUSD tokens after a month-long pause, timed perfectly with a critical mo…
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