The Guiding and Establishing National Innovation for U.S. Stablecoins Act, called the GENIUS Act, took a major step toward becoming law this week after passing the Senate Banking Committee in a ...

“Where’s Elon Musk?” he said, pointing to empty chairs. “I’m sure he’s a genius and a very credible person for the wealth he’s accumulated but that doesn’t put him above the law or ...

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The revised GENIUS Act includes stronger provisions for overseas stablecoin regulation and international agreements to improve cross-border transactions. New rules require stablecoin issuers to comply ...

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift in the approach to ...