Trump signs Genius Act into law
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The National on MSN'Genius' move: What are the goals of the three US crypto bills?US President Donald Trump has signed the Genius Act into law, setting the stage for greater cryptocurrency supervision in line with America's aim to be the global leader in digital assets.The bipartisan bill is one of three that had both Capitol Hill and crypto enthusiasts buzzing,
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
In a major step toward establishing regulatory clarity for digital assets, the House of Representatives passed the Guiding and Establishing
The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.
Labs, has hailed the passage of the GENIUS Act as a “transformational legislation” that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010.
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which establishes a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.