Stablecoin bill advances in U.S. Senate
Digest more
Top News
Overview
Impacts
Bitcoin, crypto
Digest more
Trump’s family controls World Liberty Financial, the crypto firm behind USD1—a new stablecoin now trading on KuCoin.
A battle has erupted within the Senate Democratic Conference over a bipartisan bill that would pave the way for broader commercial acceptance of cryptocurrency assets known as stablecoins, which
The Trump administration recently reached the 100-day mark, representing the end of a critical period for presidential administrations where
Hong Kong approved a new law enabling fiat-backed stablecoin licensing, creating a regulatory path for issuers under the Monetary Authority.
Experts said the bill's passage could be a "watershed," allowing crypto to gain a stronger foothold in mainstream financial markets.
Banks are racing to embrace cryptocurrencies, triggered by pending legislation in Washington that could set off the biggest shift toward crypto yet in the traditional financial system. Banks and the companies whose technology underpins much of the finance industry say the shift could become
The U.S. Senate is poised to try another high-stakes procedural vote to push stablecoin legislation forward, which could mark a major win for the crypto sector.
Sen. Warren, the ranking member of the Banking Committee, is on the opposing side of the so-called GENIUS Act.
Feedback