What Impacts Might the GENIUS Act Have on the Crypto Industry?
A bipartisan bill aimed at establishing rules for so-called stablecoins could be a key step in sending the cryptocurrency industry into the mainstream.
A bipartisan bill aimed at establishing rules for so-called stablecoins could be a key step in sending the cryptocurrency industry into the mainstream.
In a procedural vote on Monday, the U.S. Senate advanced the GENIUS Act, securing the 60-vote threshold toward a full vote in the near future. The bill would create a regulatory framework to support the creation of stablecoins, which…