Tag: senate bill

The cryptocurrency market has been on a tumultuous path as of late, with the backdrop of global geopolitical unrest and historic legislative activity. Bitcoin, the leading cryptocurrency, has shown resilience, rebounding from a weekly low triggered by uncertainty to rally on news of a potential ceasefire and positive regulatory progress....

The U.S. Senate is considering the "Guaranteeing, Robust, and Innovative, but also, New, Uniform, and Stablecoins (GENIUS) Act," a bipartisan bill designed to regulate stablecoins and provide consumer protection in the digital currency market. Republican Senator Bill Hagerty of Tennessee and Democrat Senator Kirsten Gillibrand of New York recently introduced...