Crypto lobbying groups are pushing the US Senate to pass the GENIUS Act, a stablecoin-regulating bill, without amendments. This move aims for swift progress, but faces potential roadblocks. Here’s a breakdown of the situation and its implications.
Tag: Senate
Crypto Lobby Pushes for Swift Passage of Stablecoin Bill Amid Amendment Concerns
Crypto lobbying groups are urging the Senate to pass the GENIUS Act stablecoin bill quickly, as potential amendments threaten to delay its progress and introduce unrelated political issues.
GENIUS Act: Will US Stablecoin Regulation Cement Dollar Dominance?
The GENIUS Act, a key piece of US stablecoin legislation, aims to set clear rules for stablecoin collateralization and compliance, potentially solidifying the US dollar’s role in the digital asset economy.
Trump Reportedly Supports Bitcoin Act: Potential Impact on Crypto Markets
Senator Lummis claims Trump supports the BITCOIN Act, which could lead to the U.S. government acquiring 1 million BTC. Here’s a breakdown of the potential market impact.
Washington’s Crypto Regulatory Push: GENIUS Act and Blockchain Bill Explained
A breakdown of the US Senate’s advancement of the GENIUS Act and the reintroduction of the Blockchain Regulatory Certainty Act, signaling a significant shift in crypto regulation. Expert insights on stablecoin frameworks and blockchain clarity.