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Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
19hon MSN
The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17.
Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.
Cryptocoin issuers are very similar to the banks of the 1830s, which also issued their own currencies and were regulated by the states. In a similar spirit, under the Genius Act, companies that issue ...
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
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