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Crypto-Friendly GENIUS Act Fails Key Senate Vote as Dems Defect
In a rare occurrence, which may only last for a week, Democrats in the Senate showed some spine and voted down an important procedural vote on the GENIUS Act, a bill that would establish a (very weak) regulatory framework for the use of stablecoins.
The crypto industry is brushing off a failed vote on a stablecoin bill in the Senate, underscoring recent progress and the ...
The GENIUS Act failed a key Senate vote Thursday, leaving the future of the stablecoin bill and other crypto legislation in ...
Cryptopolitan on MSN16h
US Crypto laws are coming fast, Coinbase CEO teases major moves next weekCoinbase CEO Brian Armstrong sees great progress in the US crypto legislation this week and expects more to come next.
Pro-crypto Democrats use a failed amendment to bypass filibuster rules, clearing the path for the GENIUS Act stablecoin bill ...
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The Republican-led Senate is moving forward with a vote Thursday on a bipartisan crypto regulation bill, but it’s unclear if ...
Cryptopolitan on MSN19h
Ripple’s Brad Garlinghouse addresses Treasury’s Bessent and calls for clear crypto and stablecoin regulationRipple CEO Brad Garlinghouse urges U.S. lawmakers to pass clear crypto and stablecoin regulations after the Senate fails to ...
A week ago, the GENIUS Act looked set to sail through the Senate with bipartisan support for regulating stablecoins. On ...
The spotlight has now fallen on the GENIUS Act, short for Guiding and Establishing National Innovation for U.S. Stablecoins.
Cryptopolitan on MSN19h
Netizens slam Bessent’s claim that crypto needs U.S. leadershipCrypto enthusiasts and digital rights advocates have taken to social media to lambast United States Secretary of the Treasury ...
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