Tag: federal legislation

Senate Passes GENIUS Act, Establishing Federal Stablecoin Regulations

Senate Passes GENIUS Act, Establishing Federal Stablecoin Regulations

We applaud the Senate’s progress on this issue by passing the bipartisan Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. They voted 63-30 on a bipartisan basis to create a federal regulatory framework for stablecoins. This truly historic legislation seeks to provide a framework that would introduce overdue...