Marjorie Taylor Greene Explains Vote Against GENIUS Act
- Rep. Marjorie Taylor Greene voted against the GENIUS Act, claiming it regulates stablecoins and introduces a 'backdoor Centralized Bank Digital Currency.'
- President Donald Trump plans to sign the GENIUS Act into law, which passed both the Senate and House of Representatives this week.
- Rep. Maxine Waters expressed concerns about the bill's conflict-of-interest risks and lack of critical provisions.
- Senator Cory Booker stated that the act improves consumer protections and strengthens federal oversight over stablecoin issuers.
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11 Articles
Treasury Chief hails GENIUS Act as milestone in digital currency race
Treasury Secretary Bessent has hailed signing the GENIUS Act as a “milestone achievement” for cryptocurrency regulation, marking what many see as a historic moment for the digital asset industry. The legislation, passed with bipartisan support in the US House, establishes a clear federal framework for digital assets, addressing key areas such as stablecoins, custody, and market structure. Ian De Bode, chief strategy officer at Ondo Finance, said…
House GOP Breaks Record to Advance GENIUS Act, CLARITY Act, and CBDC Ban: Best Crypto to Buy
The post House GOP Breaks Record to Advance GENIUS Act, CLARITY Act, and CBDC Ban: Best Crypto to Buy appeared on BitcoinEthereumNews.com. The past week has seen a number of records set already, including Bitcoin’s new ATH at 123K. Now, it can add a nine-hour standoff in the US House of Representatives to that list. US political drama briefly overshadowed market performance on Wednesday. Key lawmakers delayed progress on three significant crypto…
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