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Senate passes GENIUS Act

What to know about the GENIUS Act, a crypto regulation bill

The Senate voted 68-30 late Tuesday to pass the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill faced some Democratic opposition over President Donald Trump’s cryptocurrency ventures, but it ultimately garnered support from 18 Democrats, including Sens. Cory Booker, D-N.J., and Adam Schiff, D-Calif.

Investopedia on MSN · 11h

Senate Passes Crypto-Friendly 'GENIUS Act'

Key Takeaways The Senate passed the GENIUS Act Tuesday, giving a boost to stablecoin cryptocurrencies.As their name suggests, stablecoins are meant to have unchanging value relative to the U.S. dollar,

Axios on MSN · 1d

Senate passes GENIUS Act despite crypto corruption concerns

The Senate passed legislation to establish the first regulatory framework for stablecoins, capping prolonged, topsy-turvy bipartisan negotiations. Why it matters: The GENIUS Act, which was nearly derailed when Democrats had an internal blowup about President Trump's growing cryptocurrency empire,

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Wall Street’s calling it the most 'genius' piece of regulation since Dodd-Frank

In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, ...

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Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why

Senator Elizabeth Warren warns the GENIUS Act may let tech billionaires issue stablecoins that track users and bypass banking ...

GENIUS Act Sets Stablecoin Rules, Leaves Trump Exemption Intact

The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...

Cryptopolitan on MSN1d

Warren says GENIUS Act could let tech giants launch spy coins

Senator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.

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Senate passes GENIUS Act—criticized as gifting Trump ample opportunity to grift

And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...

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GENIUS Stablecoin Act Heads To Final Vote, US Senate To Decide Today

According to Eleanor Terrett, the GENIUS Stablecoin Act is likely to pass the US Senate on Tuesday, paving the way for a vote ...

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GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system

The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the ...

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Senator Warren Warns GENIUS Act Could Let Tech Giants Track Users via Stablecoins

Democrat Elizabeth Warren has issued a stern warning regarding the GENIUS Act, claiming that stablecoins issued by tech ...

Opinion

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Liz Warren Says Crypto Bill Creates a ‘Superhighway’ for Trump Corruption

Elizabeth Warren explains why the GENIUS Act, a GOP-backed cryptocurrency bill, could enable corruption in the tech industry and screw over Americans.

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