House passes historic crypto bill, GENIUS Act
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Labs, has hailed the passage of the GENIUS Act as a “transformational legislation” that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010.
The U.S. House of Representatives passed the Genius Act, creating a regulatory framework for stablecoins, and sent it to President Trump for approval. This development boosts the digital asset industry by promising regulatory clarity and consumer protection while reinforcing U.
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
The XRP price sits significantly above key moving averages, including the 50-day Exponential Moving Average (EMA) at $2.37, the 100-day EMA at $2.30, and the 200-day EMA at $2.16. All of these averages bolster the bullish outlook and could serve as support levels in the event of a trend reversal.
The House of Representatives is voting on 3 bills, including crypto regulation and stablecoin legislation, which could shape the future of digital assets.
The GENIUS Act: A Brief Overview. The GENIUS Act is one of several Congressional initiatives aimed at regulating the issuance and operation of various crypto assets. The Act focuses on so-called ...
Overview. Circle Internet Group surged past a $50b market cap shortly after IPO following the US Senate passage of the GENIUS Act, which provides long-awaited regulatory clarity for stablecoins ...
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Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.