U.S. Advances GENIUS Act to Modernize Stablecoin Regulations
6 Articles
6 Articles
U.S. Senate Prepares for Key Vote on Bipartisan Stablecoin Regulation Bill
The U.S. Senate may soon debate and potentially pass the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a bipartisan bill aiming to create the countrys first regulatory framework for payment stablecoins like USDC and USDT. Sponsored by Senator Bill Hagerty (R-TN) and co-led by Senator Kirsten Gillibrand (D-NY), the legislation has been positioned as a pro-growth yet protective approach to digital asset oversight.…
The GENIUS Act is About Securing the Future of American Finance, Says Bo Hines
At the heart of the legislation is a commitment to stablecoins — digital assets pegged to the U.S. dollar — which are poised to revolutionize how money moves in the digital era. These assets don’t just offer innovation; they offer strategic advantage. “Stablecoins strengthen U.S. dollar dominance, modernize our outdated payment rails, and give Americans faster, cheaper, and more transparent ways to move money,” said Bo Hines, Executive Director …
How Lawmaker Revisions to GENIUS Act Could Impact US Stablecoin Market
It can feel as though every week there’s a new stablecoin announcement from a traditional financial player. The one thing they all have in common? For the most part, they aren’t taking place in the U.S. But, as U.S. lawmakers circulate an updated draft agreement on the GENIUS Act, an acronym for Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act, that could all be about to change due to the potential emergence of dome…
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