This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election ...

The bill, which recently cleared a key procedural hurdle on the 19th of May, is now under intense scrutiny as lawmakers ...

Elizabeth Warren has urged closing a GENIUS Act wallet exemption, which she says may let Trump profit from stablecoins, ...

The Senate voted 66–22 to advance the GENIUS Act, showing strong support from ... are missing because the bill could do more to limit political influence, protect users from abuse, and make ...

Democrats had sought to amend the bill to prohibit the president from profiting from a stablecoin venture while in office, but ended up backing down.

Senators Elizabeth Warren and Jeff Merkley asked for details on a multibillion-dollar transaction between the Trump family's crypto venture and a pool of investors that includes foreign nationals.

Supporting the GENIUS Act, a crypto industry-backed bill that ostensibly regulates “stablecoins,” is a political and economic mistake. At this moment of deep political division, bold ideas to ...

However, even these stablecoins continue to face scrutiny regarding ... with its strong political and institutional backing, may benefit significantly as the GENIUS Act moves forward.

The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.

However, even these stablecoins continue to face scrutiny regarding their regulatory ... For instance, USD1, with its strong political and institutional backing, may benefit significantly as the ...