In short UK Financial Conduct Authority Official Jane Moore warned that a “worldwide reaction” to crypto regulations is essential. Lord Chris Holmes …
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Tag:
Genius
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Regulation
Surprise Statements Came From This Altcoin CEO Hours Before the GENIUS Vote! “Only We Can Do It!” – He Also Met with Trump!”
by shayaanby shayaanThe final voting day has arrived on the GENIUS Act, the long-awaited US cryptocurrency-friendly stablecoin law. Accordingly, this legislation lays the groundwork …
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Regulation
Elizabeth Warren criticizes GENIUS Act over stablecoin concerns ahead of final vote
by shayaanby shayaanSenator Elizabeth Warren has voiced fresh concerns about the GENIUS Act, a bill designed to regulate stablecoins in the US financial system, …
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Markets
Asia Morning Briefing: GENIUS Act Positions ETH at the Center of Tokenized Finance, Says Wall Street Veteran
by shayaanby shayaanGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during …
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The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June 17, sending …
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Regulation
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
by shayaanby shayaanTreasury Secretary Scott Bessent stated on June 17 that stablecoins could cut federal borrowing costs and slow debt growth if Congress sends …
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Regulation
Stablecoins to Become Cash Layer of Internet Once GENIUS Act Is Law: Bernstein
by shayaanby shayaanThe Senate’s GENIUS Act, a key piece of U.S. stablecoin regulation, is to be voted on this week and should be passed …
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Regulation
Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
by shayaanby shayaanThe Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, …
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Regulation
Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
by shayaanby shayaanBank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build …
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Regulation
New Development in the US’s Cryptocurrency-Friendly GENIUS Bill! “Expected on Wednesday!”
by shayaanby shayaanThe cryptocurrency-friendly stablecoin law called the “GENIUS Act,” which has been expected to be approved in the United States for a long …