Senate Majority Leader Expedites Vote on Landmark Stablecoin Bill
In brief GENIUS Act seeks to establish a comprehensive regulatory framework for U.S. stablecoins. The bill faces criticism over potential impacts on traditional banking. Its legislative code differs from the House’s STABLE Act in regulatory approach and reserve assets. Senate Majority Leader John Thune (R-SD) initiated procedures Wednesday to expedite a vote on the first-ever […]
Senate Majority Leader Expedites Vote on Landmark Stablecoin Bill Read More »