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The GENIUS Act faces a possible demise after nine Senate Democrats opposed the stablecoin. The group comprises several senators who initially supported the bill have voiced concerns about essential sections. The Senate bill requires stablecoin issuers to keep full reserves and maintain audits, but Democrats advocate for more robust national security and financial systems. The […]
The GENIUS stablecoin bill has advanced in the Senate, securing bipartisan support and clearing its latest legislative hurdle. White House crypto and AI czar David Sacks expressed full confidence that the bill would pass law. The legislations strong momentum and backing from both parties signal a shift toward stablecoin regulation in the United States. Bipartisan […]
The Blockchain Regulatory Certainty Act (BRCA) has been reintroduced in Congress to protect digital asset developers. The bipartisan effort is led by Representatives Tom Emmer and Ritchie Torres, who are both part of the Congressional Crypto Caucus. The bill clarifies that developers who do not manage customer funds are not considered money transmitters. The BRCA […]
In a landmark moment for the crypto world, the U.S. Senate has advanced the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, commonly known as the GENIUS Act, by voting 66-32 to close out the bill and vote on it one last time. The bill aims to
The U.S. Senate has advanced the GENIUS Act, aiming to establish a comprehensive regulatory framework for stablecoins, enhancing consumer protection and national security. (Read More)
The Senate successfully forwarded the GENIUS Act on Monday night with a vote of 66 to 32 on a key procedural matter. The GENIUS Act will ensure stablecoins are regulated with detailed and comprehensive rules. The progress of the Senate Act helps propel the bill closer to being passed after the whole debate. The sponsors […]
The GENIUS bill passed the Senate Banking Committee on March 13 with a vote of 18-6 The aim is to get the bill on US President Donald Trump’s desk and signed in the next two months The STABLE Act is scheduled for the House Financial Services Committee on April 2 The White House is pushing […]
The post Report: White House pushes Congress to pass stablecoin bill appeared first on CoinJournal.
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