House, Trump and GENIUS Act
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Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
The bipartisan passage of the GENIUS Act marked a watershed moment for American financial innovation, promising to close regulatory gaps,
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Axios on MSNHouse GOP revolt slams breaks on GENIUS ActA group of right-wing House Republicans dealt a setback Tuesday to President Trump and GOP leaders' efforts to send legislation establishing the first-ever regulatory framework for stablecoin issuers to Trump for his signature.
Trump announces 11 of 12 congressmen agreed to advance GENIUS Act stablecoin legislation after Oval Office meeting, reversing Tuesday's failed procedural vote during Crypto Week.
Trump announces congressional leaders' agreement to advance the GENIUS Act in a critical procedural vote scheduled for tomorrow.
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A procedural vote poised to smooth the processes for Crypto Week has failed, putting the CLARITY and GENIUS Act at risk.
With XRP dropping 1.33%, all eyes are on ETF inflows, SEC appeal updates, and crypto legislation shaping the price outlook.