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Crypto hails Senate vote on stablecoin bill as a major victory
The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
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JPMorgan Files Second Stablecoin Trademark After GENIUS Act Signals Green Light for BanksJPMorgan has filed for a second trademark, “JPMD.” The U.S. Senate’s advancement of the bipartisan GENIUS Act has offered ...
Stablecoins, a type of cryptocurrency designed to maintain a constant value – typically pegged 1:1 to the U.S. dollar – are ...
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a ...
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares ...
A JP Morgan exec warned of an "overcrowding" stablecoin market as the bank applies to trademark JPMD for a "virtual currency" ...
As the U.S. stablecoin bill, known as the GENIUS Act, advances in the Senate, a once-niche corner of the crypto industry is ...
The U.S. is moving closer to passing the GENIUS Act and CLARITY Act—two landmark crypto bills. The GENIUS Act aims to ...
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