US EditionU.S. Senate Moves Toward Action on Stablecoin Bill
- The U.S. Senate, led by Republican John Thune, may soon vote on the GENIUS Act to regulate stablecoin issuers in 2025.
- Thune fast-tracked the GENIUS Act after the Senate Banking Committee approved it 18-6 and the House advanced a similar bill in April.
- Senators Tim Scott and Bill Hagerty support the bill, which aligns 90% with the House version and aims to protect consumers and foster innovation.
- Tether's USDT dominated with 43% of blockchain transfer volume, moving $156.2 billion last month as the stablecoin market hit $239 billion.
- With regulatory guidance in place, the stablecoin sector is anticipated to grow substantially, reaching a valuation near $2 trillion by 2028, which may drive higher Bitcoin prices and attract greater participation from institutional investors.
21 Articles
21 Articles
U.S. Senate Moves Toward Action on Stablecoin Bill
The U.S. Senate may soon vote on legislation that would establish U.S. regulations for the issuers of stablecoins, also marking the first time the chamber has considered a major crypto bill.Senate Majority Leader John Thune, a South Dakota Republican, started the ball rolling to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which is the Senate's version of two similar bills rolling through both ch…
U.S. Senators Withdraw Support for GENIUS Act Bill - Blockchain & Cryptocurrencies Tabloid
Ten U.S. Senators, led by Ruben Gallego, withdraw support for GENIUS Act, impacting stablecoin regulation plans. The post U.S. Senators Withdraw Support for GENIUS Act Bill appeared first on Blockchain & Cryptocurrencies Tabloid.
Stablecoin bill could pass within 60 to 90 days, sparking crypto market surge
Charles Hoskinson predicts stablecoin bill approval in 60-90 days, sparking growth. Stablecoin and market structure bills could drive a significant crypto market surge by 2025. Regulatory clarity from the stablecoin bill may attract more institutional crypto investment. IOHK CEO Charles Hoskinson asserted that the stablecoin bill would reach approval within sixty to ninety days. Clear regulatory guidelines for stablecoins and digital currency so…
U.S. Congress Races to Finalize Crypto Law Before August Recess
Congress prepares draft crypto bill by August as rifts grow over applying Howey Test to digital assets Coinbase, a16z, and SEC leaders push opposing frameworks for U.S. crypto regulation under new bill Decentralization, investment contracts, and ancillary asset models fuel market structure dispute Divisions within the digital asset industry are creating uncertainty as the U.S. Congress aims to introduce a crypto market structure bill before its …
Treasury Committee Eyes Stablecoin Boom Fueling US Bond Demand - Invest In Crypto News
Stablecoins are rapidly transforming U.S. Treasury demand, reshaping financial markets, and redefining the global role of the U.S. dollar. US Treasury Signals Stablecoin Boom Could Reshape Fiscal Strategy The U.S. Department of the Treasury published on April 30 the official minutes from the April 29, 2025, meeting of the Treasury Borrowing Advisory Committee, emphasizing the […] Source link The post Treasury Committee Eyes Stablecoin Boom Fueli…
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