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The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...
The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed ...
Zhu’s proposal adds urgency to China’s roadmap, positioning stablecoins as instruments of geopolitical and monetary strategy.
The House is voting on a trio of bills intended to boost the legitimacy of the cryptocurrency industry with new regulations.
Visa stock price has struggled in the past few months as investors worry that it may become disrupted by the ongoing ...
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...
With the GENIUS Act near the finish line, top execs are revealing their plans for the digital asset during calls with ...
Bank of America is exploring stablecoin-based payments to modernize its financial infrastructure. As regulatory clarity ...
What started as experimental digital tokens now functions as core financial infrastructure. The total market sits around $252 ...
The author states "This column will start from the premise that a true mega-crisis usually starts within a field thought to be safe, dull and conventional. Thus, in 2008, no one worried (at least, ...
At its core, a stablecoin is simple: a digital token pegged to a real-world currency like the US dollar or rupee. But its ...
Despite past criticism of crypto, JPMorgan CEO Jamie Dimon says the bank must engage with stablecoins to remain competitive. Citigroup and Bank of America are ...