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The US Senate has passed the GENIUS Act, the first federal framework for US dollar-pegged stablecoins, marking a major step toward integrating digital dollars into the broader financial system. The ...
The Senate approved the GENIUS Act, which would standardize regulations for a growing cryptocurrency market for stablecoins.
The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins, granting sweeping authority to the ...
Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin ...
Stablecoins—a form of cryptocurrency backed by traditional assets—are gaining traction, with the US Senate set to vote ...
Two of the biggest names in retail— Amazon and Walmart —are reportedly looking into creating their own cryptocurrencies. If they go through with it, it could be a major shift away from traditional ...
Democrat Elizabeth Warren has issued a stern warning regarding the GENIUS Act, claiming that stablecoins issued by tech ...
Thailand’s largest digital asset exchange, Bitkub, has the most to gain, particularly after Bitcoin’s recent price hike. With ...
Retailers such as Amazon and Walmart pay commissions Visa or Mastercard every time a customer uses these cards. Of course, ...
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
Chainlink CEO emphasized the need for proof-of-reserves and cross-chain connectivity for stablecoin function as the GENIUS Act reaches the final stage.