GENIUS Bill Clears Senate, Stablecoin Rules Shift
Senate passage of the GENIUS bill marks a major step for stablecoin regulation, setting clearer guardrails for issuers, reserves, and federal oversight.
Senate passage of the GENIUS bill marks a major step for stablecoin regulation, setting clearer guardrails for issuers, reserves, and federal oversight.
Trump has signed a major federal cryptocurrency bill, reshaping stablecoin regulation, issuer oversight, and compliance expectations for USD stablecoin markets.
A key breakthrough in US crypto regulation has emerged as lawmakers reached a tentative agreement on how stablecoin yield should be handled within a broader market structure bill. The compromise addresses one of the most contentious issues that had stalled progress on the Digital Asset Market Clarity Act, a major legislative effort aimed at defining […]
Republican senators are reportedly urging Patrick Witt, Executive Director of the White House Crypto Council, to release a classified study conducted by the Council of Economic Advisers regarding stablecoin yields. Lawmakers believe that making the findings public could help advance the stalled Digital Asset Market Clarity Act, which has been delayed since January. Sources familiar […]
The White House is preparing to convene senior executives from major crypto firms and traditional banking institutions as efforts intensify to revive stalled digital asset legislation. The meeting, expected in the coming days, will focus on resolving disputes surrounding the crypto market structure bill, which was delayed earlier this month after running into resistance over […]
U.S. credit unions have formally aligned with major banks in opposing reward or interest payments tied to holding stablecoins, reinforcing the regulatory momentum behind stricter limits on yield bearing digital dollars. The stance comes as lawmakers advance the Digital Asset Market Clarity Act, a framework designed to integrate crypto assets into existing financial oversight while […]
Efforts to advance a long awaited U.S. crypto market structure bill are facing renewed uncertainty as election year dynamics begin to dominate the political calendar. Lawmakers involved in the negotiations warn that the traditional slowdown ahead of national elections could derail momentum just as talks reach a sensitive stage. The legislation is designed to create […]