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What is Stablecoin Regulation Bill? US Senate advances first-of-its-kind cryptocurrency legislation

IndiaTimes Tuesday, 20 May 2025
The US Senate has moved forward with the Genius Act, a bill designed to regulate stablecoins. Despite Democratic concerns about President Trump's potential conflicts of interest due to his cryptocurrency ventures, the bill passed a key procedural vote. It introduces comprehensive regulations for stablecoins, including reserve requirements and consumer protections.
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News video: Breaking: U.S House Passes Trump’s BIG, BEAUTIFUL Tax Bill By One Vote | Military Up, DEI Axed

Breaking: U.S House Passes Trump’s BIG, BEAUTIFUL Tax Bill By One Vote | Military Up, DEI Axed 03:19

 President Trump's sweeping tax and spending bill has passed the House with a razor-thin 215–214 vote, despite opposition from all Democrats and two Republicans. The 1,000-page bill advances Trump’s 2017 tax cut agenda, expands deportation powers, boosts military spending, and slashes green energy...

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