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Crypto hails Senate vote on stablecoin bill as a major victory
The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,
The Senate is poised to pass the GENIUS Act regulating stablecoins, a key form of cryptocurrency, aiming to increase ...
The U.S. is moving closer to passing the GENIUS Act and CLARITY Act—two landmark crypto bills. The GENIUS Act aims to ...
Cryptopolitan on MSN4d
The US Senate scheduled a final vote on the GENIUS ActThe US Senate has scheduled a final vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act ...
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
But crypto executives may be wise to hold off on popping any champagne. The Senate is set to vote at around 4:30 p.m. Tuesday on passing bipartisan stablecoin legislation that has been the subject of ...
Cryptopolitan on MSN9h
Warren says GENIUS Act could let tech giants launch spy coinsSenator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.
US could be the epicenter for stablecoins with the proposed GENIUS Act, making them a mainstream financial rail for the ...
Slingshot News on MSN14h
'Biggest Beneficiary Of This Bill': Sen. Jack Reed Exposes Crypto's Criminal Dark Side During Senate Floor RemarksOn the Senate floor today, Senator Jack Reed discussed the Tether, a stablecoin used for various criminal and illicit activity. According to Sen. Reed, Tether will be the 'biggest beneficiary' of the ...
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