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CATEGORY: genius act


Senate Democrats Oppose GENIUS Act, Threatens U.S. Stablecoin Future

Author: Mwongera Taitumu
Estonia
May 05, 2025 02:35

Senate Democrats Oppose GENIUS Act, Threatens U.S. Stablecoin Future

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 […]

GENIUS Stablecoin Bill Gains Steam: Is Final Senate Approval Next?

Author: Mutuma Maxwell
Estonia
May 23, 2025 02:35

GENIUS Stablecoin Bill Gains Steam: Is Final Senate Approval Next?

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 […]

U.S Rep Tom Emmer Introduces Blockchain Bill to Protect Developers

Author: Mwongera Taitumu
Estonia
May 23, 2025 02:35

U.S Rep Tom Emmer Introduces Blockchain Bill to Protect Developers

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 […]

May 23, 2025 04:20

U.S. Senate Advances GENIUS Act: A Game-Changer for Stablecoin Regulation

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

May 22, 2025 02:20

U.S. Senate Moves Forward with GENIUS Act to Regulate Stablecoins


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)

Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?

Author: Mutuma Maxwell
Estonia
May 21, 2025 02:30

Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?

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 […]

Mar 25, 2025 02:05

Report: White House pushes Congress to pass stablecoin bill

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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