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US House passes GENIUS Act to regulate stablecoins, sending bill to President Trump for signature. First major crypto law mandates 1:1 reserves and transparency.
The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed ...
It was a remarkable win for the crypto industry — and for President Trump, who campaigned on making the country "the crypto ...
Zhu’s proposal adds urgency to China’s roadmap, positioning stablecoins as instruments of geopolitical and monetary strategy.
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CCN on MSNBank of America, Citi Confirm Stablecoin Plans, Others Acknowledge Interest but Won’t Commit YetWhen major U.S. banks delivered quarterly results this week, executives were questioned about their stablecoin plans. Citi and Bank of America have all but acknowledged ...
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