The U.S. Senate Banking Committee has voted 18-6 to advance the GENIUS Act, a key move toward regulating stablecoins and setting clearer standards for digital currencies. Now headed to the full Senate, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act sets out to create federal oversight for stablecoin issuers. A counterpart bill is also under review in the...
source: https://news.shib.io/2025/03/14/senate-advances-genius-act-to-regulate-stablecoins-under-new-rules/?utm_source=rss&utm_medium=rss&utm_campaign=senate-advances-genius-act-to-regulate-stablecoins-under-new-rules