GENIUS Act

56 articles

Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider7/9/2025
Highlights: Tether plans to lead global Bitcoin mining by 2025 to secure its reserves. The company invests billions in mining, AI, and telecom to protect Bitcoin holdings. Tether holds $125B in U.S. Treasuries, prepares for GENIUS Act compliance. On a […]
Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider7/4/2025
Highlights: House schedules July 14–18 as “Crypto Week” to advance major crypto legislation. Key focus areas include stablecoin regulation, market structure, and a CBDC ban. The move continues Trump’s push for a clear, pro-crypto legal framework. The U.S. House of […]
Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider7/4/2025
Highlights: Bank of England warns stablecoins could weaken trust in traditional national currencies. Bailey urges central banks to rethink reserve roles as stablecoin use rapidly expands. Amundi fears the GENIUS Act may harm global finance and weaken the U.S. dollar. […]
Crypto News9 months ago
Austin Mwendia
By Austin Mwendia7/2/2025
Highlights: Letitia James warns that current crypto bills do not protect against fraud or anonymous digital transactions. The Attorney General has urged Congress to treat stablecoin firms like banks to reduce risks in the financial system. James suggested that stablecoin […]
Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider6/27/2025
Highlights: PayPal CEO says Americans lack reasons to use stablecoins for daily transactions. Cross-border payments are still the top reason users turn to stablecoins like PYUSD. GENIUS Act could boost stablecoin trust with clear rules and stronger user protections. In […]
Crypto News9 months ago
Raymond Munene
By Raymond Munene6/19/2025
Highlights: Trump calls for the House to pass the GENIUS Act without changes. The Senate passed the bill with bipartisan support. The GENIUS Act provides clear rules for stablecoin issuers. The GENIUS Act passed a significant milestone when it received […]
Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider6/18/2025
Highlights: Monero is sending green signals on a day that most of the market is in the red Monero’s price action is a hint at rising real demand The decline in privacy puts $1000 in focus for Monero  Monero (XMR) […]
Crypto News9 months ago
Syed Ali Haider
By Syed Ali Haider6/18/2025
Highlights: GENIUS Act passes Senate with 51-23 vote, setting stablecoin rules for issuers. Bill requires full backing, yearly audits, and compliance for foreign stablecoin issuers. House must decide the next steps as stablecoin regulation moves toward final approval. The Senate […]
Crypto News10 months ago
Austin Mwendia
By Austin Mwendia6/13/2025
Highlights: The two multinational companies plan to launch stablecoins to lower costs and hasten payments. The GENIUS Act may decide how companies use stablecoin payments across the United States. Scott Bessent said the stablecoin sector could grow to $2 trillion […]
Crypto News10 months ago
Syed Ali Haider
By Syed Ali Haider6/12/2025
Highlights: The Treasury Secretary says stablecoins could grow to $2 trillion in the coming years. Senate moves forward with GENIUS Act to regulate dollar-backed stablecoins. Trump backs stablecoin rules, aiming to strengthen the U.S. dollar globally. Stablecoins tied to the […]
Crypto News10 months ago
Syed Ali Haider
By Syed Ali Haider5/23/2025
Highlights: Major US banks explore creating a joint stablecoin as crypto gains wider acceptance. Banks worry stablecoins may take deposits and disrupt payment control, especially from tech firms. Senate passes GENIUS Act setting clear stablecoin rules to ensure safety and […]
Crypto News10 months ago
Austin Mwendia
By Austin Mwendia5/20/2025
Highlights: The Senate has advanced the GENIUS Act after Democrats shifted their positions during the latest stablecoin bill vote. The GENIUS Act sets clear rules for stablecoin issuers and blocks the use of algorithmic stablecoins. Concerns remain over Trump links […]