Senators unsuccessfully attempted to reach a compromise on a bipartisan crypto regulation bill before reaching an impasse. Due to this, the vote to advance the bill in the Senate died. The GENIUS ACT as proposed would establish the U.S.’s first regulatory framework for stablecoins. Such digital tokens are treated as...
The Senate's failure to advance the GENIUS Act isn’t just a legislative hiccup. It's a glaring example of how fear and political maneuvering can cripple progress, potentially handing the keys to the crypto kingdom to those least deserving. Did real anti-corruption motives sink a desperately-needed bill? Or did regulatory overreach...
The stablecoin landscape is preparing for an impending tectonic shift. The GENIUS Act, championed by Sen. This bill represents a genuine attempt to establish a comprehensive, thoughtful regulatory framework for digital assets. This legislation could dramatically reshape the stablecoin market and the broader crypto industry, ushering in a new era...
The U.S. Senate is making a meaningful step toward addressing the regulation of stablecoins with the advancement of the GENIUS Act. This legislation represents a key opportunity to help set the right crypto regulatory framework to foster innovation and protect consumers. It establishes a strong global precedent on the oversight...
The news is out: Senator Dave McCormick, a Republican from Pennsylvania and a key member of the Senate Banking Committee (and its Subcommittee on Digital Assets), has invested a significant chunk of change – somewhere between $505,000 and $1.1 million – in Bitcoin through the Bitwise Bitcoin ETF. Big deal,...
