The shares of the crypto exchange Coinbase (COIN) and the stablecoin company Circle (CRCL) saw significant gains after US senators passed a …
Senate
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Scams
Arizona Senate Passes Bitcoin Reserve Bill for Seized Crypto, Heads to House For Debate
by shayaanby shayaanIn brief The bill passed the Senate 16-14 after procedural manoeuvres and now heads to the House for a final vote. Arizona’s …
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The US Senate has taken the first major step towards federal regulation of stablecoins by passing the GENIUS Act, which is considered …
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Regulation
U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win
by shayaanby shayaanThe overwhelming bipartisan passage of the U.S. Senate’s stablecoin bill, with a 68-30 final vote that saw a huge surge of Democrats …
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Regulation
Senate Passes Landmark Stablecoin Bill in Major Boon for Crypto Industry
by shayaanby shayaanAfter months of dramatic starts and stops, the U.S. Senate successfully passed the GENIUS Act Tuesday afternoon, a landmark bill that formally …
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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
UBS Sees Senate Rushing ‘One Big, Beautiful Bill’ Toward High-Stakes Finale
by shayaanby shayaanUBS spotlights blistering Senate momentum on a sweeping economic bill packed with permanent tax incentives and trade reprieves, all under crushing pressure …
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Regulation
Meta’s Stablecoin Plan Questioned by Democrats Ahead of Key Senate Vote
by shayaanby shayaanSenate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are. In a letter sent to the …
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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 …