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Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...
U.S. President Donald Trump on Friday signed a law to create a regulatory regime for U.S.-dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital ...
The crypto market cap has soared past $4 trillion, fueled by a rally in altcoins and the passage of a landmark U.S. stablecoin bill ...
Large US banks are paying close attention to the emergence of stablecoins as an increasingly serious rival to established banking services. On recent earnings c ...
Payment strategy has changed, with top executives in US banks calling it out. Executives of JPMorgan, Citigroup, and Bank of ...
Investors bet passing of Genius Act and other legislation will send billions of Wall Street dollars into digital assets ...
“Crypto Week,” as it was dubbed by GOP leadership, culminated in a bipartisan 308-122 House vote approving the GENIUS Act, a ...
There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...
GLXY, HOOD and RIOT rally as the GENIUS Act clears the House, setting the stage for sweeping U.S. stablecoin regulation.
While Circle finished Thursday up less than 1 per cent, it has jumped 25 per cent to US$235.08 this week. Coinbase Global Inc ...
The GENIUS Act gives stablecoins real legal backing, paving the way for instant payments, lower fees, and a safer digital ...