Senate passes GENIUS Act, setting federal rules for stablecoins. The bill boosts US-based issuers and limits Big Tech’s crypto ambitions.

In a rare show of bipartisan support, the bill passed on the Senate floor with a 68-30 vote as it moves to the House.

The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed ...

The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, ...

The GENIUS Act  (S. 1582) was approved by the Senate today, thus moving federal regulations for stablecoins closer to reality ...

The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what ...

This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election cycle.

Arthur Hayes warns Circle’s IPO and stablecoin listings are overvalued, with banks entering and Tether dominating, risking ...

Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares ...

ARK Invest has trimmed its Circle stake after a 387% post-IPO rally, selling shares as stablecoin adoption gains momentum.

BitMEX co-founder Arthur Hayes has warned that several overhyped stablecoin companies would follow the recent public listing of Circle (CRCL). On June 16, Hayes declared that Circle’s IPO marks the ...

ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily ...