The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...

The U.S. Senate has passed the GENIUS Act, the first federal stablecoin bill, establishing dollar-backed reserves and ...

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

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

A significant number of Democrats, 16, joined Republicans in advancing the crypto legislation. The GENIUS Act would create a ...

The GENIUS Act, the stablecoin legislation currently moving through the Senate, might be the best chance to deliver a favorable legal framework soon, and the chances are better because the Trump ...

Despite growing political friction, crypto lobbying groups remain hopeful that the GENIUS Act will pass and provide long-awaited regulatory clarity for stablecoin issuers and users in the US.

“Ed Mitchell was a political genius,” said Reilly, executive director at the Wyoming Valley Sanitary Authority. “He had an innate ability to understand the mood of the electorate and he knew ...

Congress may be planting the seeds for the next financial crisis if it passes the GENIUS Act. The act, which is progressing through the Senate, is marketed as regulating a class of ...

And yet Musk is now much less of a political attention magnet ... wear the cheese hat, act like a 9-year-old. . . . It doesn’t work. It’s offensive to people.”) Hayes told Klein that ...

Families who “vote with their feet” by transferring their children out of their residential school districts may be less likely to vote at the ballot box in school bond elections, new research ...