Topic: stablecoin regulation

  • Congress Approves GENIUS Act, Boosting US Crypto Industry

    Congress Approves GENIUS Act, Boosting US Crypto Industry

    The US House passed the GENIUS Act, the first comprehensive stablecoin regulation, requiring issuers to maintain low-risk reserves and comply with federal oversight, now awaiting the president's signature. The legislation aims to boost the stablecoin market, projected to grow tenfold to $2 trilli...

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  • Crypto Bill Faces Collapse in Congress

    Crypto Bill Faces Collapse in Congress

    The window to pass major cryptocurrency legislation is closing due to partisan politics and the election cycle, with industry advocates warning failure could leave the sector in regulatory limbo for years. A key dispute stalling the bill involves stablecoin rewards programs, with traditional bank...

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