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The GENIUS Act stablecoin bill moves to the House of Representatives after a Senate vote, but observers believe it could ...
The bill, which recently cleared a key procedural hurdle on the 19th of May, is now under intense scrutiny as lawmakers ...
Elizabeth Warren has urged closing a GENIUS Act wallet exemption, which she says may let Trump profit from stablecoins, ...
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GENIUS Act Sponsors Push for Unanimous Consent in Second Senate Bid as Fairshake Super PAC Ramps Up PressureFairshake PAC Steps Up Pressure for Clearer Crypto Rules As legislative sponsors rally to refine the GENIUS Act, the crypto industry’s political arm, Fairshake Super PAC, is ramping up pressure ...
The Senate voted 66–22 to advance the GENIUS Act, showing strong support from ... are missing because the bill could do more to limit political influence, protect users from abuse, and make ...
Democrats had sought to amend the bill to prohibit the president from profiting from a stablecoin venture while in office, but ended up backing down.
Supporting the GENIUS Act, a crypto industry-backed bill that ostensibly regulates “stablecoins,” is a political and economic mistake. At this moment of deep political division, bold ideas to ...
However, even these stablecoins continue to face scrutiny regarding ... with its strong political and institutional backing, may benefit significantly as the GENIUS Act moves forward.
The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.
However, even these stablecoins continue to face scrutiny regarding their regulatory ... For instance, USD1, with its strong political and institutional backing, may benefit significantly as the ...
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