The cryptocurrency-friendly stablecoin law called “GENIUS Act”, which has been expected to be approved in the USA for a long time, was …
Senate
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It was supposed to be a slam dunk. The American crypto industry, flush with more political capital than it has ever had …
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House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a …
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On May 8, the United States Senate failed to push forward the long-anticipated GENIUS Act, which would create clear rules for stablecoins. …
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A bill designed to overhaul stablecoin regulation in the US halted in the Senate amid partisan negotiations. Senator Bill Hagerty (R-TN) introduced …
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Regulation
Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester
by shayaanby shayaanThe U.S. legislation that would establish stablecoin regulation failed to take a huge step closer to reality on Thursday as a rush …
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The Senate’s Republican majority leader, John Thune, took to the chamber floor on Thursday morning to make a case for moving forward …
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Smart Contracts
Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill
by shayaanby shayaanIn short Treasury Secretary Scott Bessent called the Senate failure to promote genius law a missed opportunity to guarantee American leadership in …
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Regulation
Senate Nears Deal on Stablecoin Bill as Lawmakers Race Against the Clock
by shayaanby shayaanAfter several days of high-stakes crypto drama on Capitol Hill, a clique of holdout Senate Democrats appears to be nearing a deal …
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The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins …