JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...

The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...

A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...

Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...

The Genius Act, which passed in the Senate last month with broad bipartisan support, would create rules of the road for the $250 billion market for stablecoin, a type of cryptocurrency. The bill is ...