Tag: GENIUS
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US Senate approves landmark GENIUS Act for stablecoin regulation
The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June...
GENIUS Act Could Establish Dollar Dominance, Write ‘Rulebook’
The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the United...
Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted...
Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending...
