What is Stablecoin Regulation Bill? US Senate advances first-of-its-kind cryptocurrency legislation
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.
Leading cryptocurrencies rose Monday amid the advancement of a stablecoin legislation in the Senate. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET)... Upworthy
Senate Advances Stablecoin Bill, Clearing the Way for Final Passage At least 60 Senators voted in favor of the GENIUS Act on Monday night. What to know: -... Upworthy
The Senate voted 66-32 Monday evening to advance first-of-its-kind legislation to regulate “stablecoins,” a kind of cryptocurrency. Democrats had initially... Upworthy
Tuesday, 20 May 2025 ()
