GENIUS Act Clears Senate Banking Committee: What It Means For Stablecoins
The GENIUS Act advances out of the Senate banking committee with bipartisan support despite Elizabeth Warren’s warnings about crypto risks and consumer protections.
Senate Stablecoin Bill Passes Out of Committee With Strong Bi-Partisan Support
The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into thebill,
Senator Hagerty’s stablecoin bill clears Senate Banking Committee
Senator Bill Hagerty led the legislation with support from Tim Scott, the committee’s chairman, as well as Senators Kirsten Gillibrand, Cynthia Lummis, and
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump
Senator Hagerty’s New Stablecoin Bill Moves One Step Closer to Becoming Law After Passing Out of Committee
The stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after securing support from the Senate Banking Committee with a bipartisan 18-6 vote.
Stablecoin bill clears Senate committee
The Senate Banking Committee Thursday voted to send a stablecoin bill to the full chamber for debate. Why it matters: The committee markup on the GENIUS Act was a key step in advancing a stablecoin bill,
American Banker3d
Banks are pushing back against stablecoin legislation
As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to ...
Crypto News2d
Weekly Crypto Regulation News Roundup: GENIUS Act, Trump’s Crypto Reserve, Binance Lands $2B Investment, and More
Weekly updates on crypto regulation news, covering the GENIUS Act, Trump’s crypto reserve, Binance’s $2B investment, and more ...
Senate panel advances debanking reform, first digital assets bill
The Senate Banking Committee advanced bills to create a regulatory framework for dollar-denominated stablecoins and to ...
CCN on MSN5d
Senate to Vote on Republican-Led Genius Act Following Bipartisan Overhaul
The amended GENIUS Act is set for a Senate vote on March 13. The latest version introduces new transparency and enforcement ...
Banks push to block stablecoin legislation over market share fears
The banking industry fears stablecoins will disintermediate legacy financial institutions and is fighting against the current iteration of the GENIUS Act.
CoinDesk5d
Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities
The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as ...
BeInCrypto5d
Senator Hagerty Revamps GENIUS Act: New Framework Aims to Boost US as Crypto Leader
The updated GENIUS Act expands stablecoin regulation, emphasizing international cooperation, legal compliance, and consumer ...
Crowdfund Insider2d
Caitlin Long Accuses Senator Elizabeth Warren of Smothering Bipartisan GENIUS Act, Focused on Stablecoins
Caitlin Long notes Elizabeth Warren’s efforts to smother bipartisan GENIUS Act (Guiding, Establishing National Innovation for U.S. Stablecoins Act).