US Senate Passes Stablecoin Bill In Milestone For Crypto Industry
In a significant advancement for cryptocurrency regulation, the U.S. Senate has approved the bipartisan GENIUS Act with a vote of 68-30, marking the establishment of the first federal regulatory framework for stablecoins—digital assets pegged to the U.S. dollar. The legislation requires issuers to back their tokens with highly liquid assets, such as Treasury bills, and…
Continue Reading… “US Senate Passes Stablecoin Bill In Milestone For Crypto Industry” »