Democrats Shift Stance on GENIUS Act: Senate Advances Bipartisan Deal on Stablecoin Rules In a surprising turn of events, Democrats in the Senate have shifted their stance on the GENIUS Act, leading to the advancement of the bill after reaching a bipartisan deal on new stablecoin rules. This move marks a significant shift in the […]
US Senate blocks stablecoin regulation bill
US Senate Blocks Stablecoin Regulation Bill The recent setback in the US Senate regarding the GENIUS Act has left many in the fintech industry disappointed. The bill, which aimed to introduce much-needed regulations for stablecoins, failed to advance with 48 votes against it, showcasing the challenges of navigating legislative processes in the ever-changing landscape of […]
GENIUS stablecoin bill moves forward in US Senate
GENIUS Stablecoin Bill Gains Traction in US Senate The world of cryptocurrency is constantly evolving, with new digital assets and technologies emerging almost daily. Amidst this ever-changing landscape, stablecoins have gained significant attention for their potential to revolutionize the way we transact in the digital age. Recently, a groundbreaking development has taken place in the […]