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The U.S. Senate may soon pass the GENIUS act, a bill to regulate stablecoins. Here's what that could mean for the future of asset-backed cryptocurrencies.
The United States is moving ahead in embracing and legitimizing cryptocurrency. A landmark Senate cryptocurrency legislation ...
The GENIUS Act balances commonsense regulation with innovation. Without it, consumers risk unstable reserves or unclear operations from stablecoin issuers.
Major retailers, including Walmart and Amazon, are reportedly considering their own stablecoin offerings as legislation to ...
Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of the ...
Stablecoins are reshaping global finance—from emerging markets to U.S. Treasuries. USDT and USDC gain traction in payments ...
GENIUS wasn’t the only crypto legislation moving forward in Congress. The market structure bill – known as CLARITY – emerged ...
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Cryptopolitan on MSNTreasury Secretary Scott Bessent predicts that dollar-backed stablecoins will hit $2 trillionDollar-pegged stablecoins could explode to a $2 trillion market cap within a few years, Treasury Secretary Scott Bessent said ...
For passage in the Senate, there needs to be at least 60 votes. On Tuesday, two House committees easily approved a bill that ...
A little-known company at the heart of the U.S. financial system is exploring issuing a stablecoin that could accelerate the ...
Stablecoins had once seemed like yesterday’s news. Now they’re a Washington obsession.
Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at ...
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