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

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

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

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 ...

The Independent is trusted by Americans across the entire political spectrum ... A new cryptocurrency regulation bill called the GENIUS Act is moving through the Senate, bringing increased ...

Nobel Prize winner Paul Krugman, recently condemned stablecoins for their limited real-world application and support of ...

The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.

This historical context may impact investor confidence in USD1-especially when considering the broader political dynamics that can influence sentiment and risk in the crypto market. The GENIUS Act is ...