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The U. S. House of Representatives has approved the GENIUS Act, the inaugural federal regulatory framework targeting fiat‑backed stablecoins, with a decisive 308–122 bipartisan vote on 17 July 2025.
The stablecoin bill is the centerpiece of a legislative push Trump has dubbed “Crypto Week.” Earlier Thursday, the House also passed a broad crypto market structure bill that still has to be ...
The crypto payments landscape just experienced its most dramatic shift in years, and it’s not what most investors saw coming.
Supporters say it could unlock faster, cheaper forms of payments and bring legitimacy to US$265 billion market Read more at straitstimes.com. Read more at straitstimes.com.
The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and ...
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
The vote marks a watershed moment for the digital asset industry, which has been pushing for federal legislation for years ...
JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...
US House passes GENIUS Act to regulate stablecoins, sending bill to President Trump for signature. First major crypto law mandates 1:1 reserves and transparency.
Crypto-linked stocks climbed higher on Thursday bolstered by investor optimism on stablecoin and crypto market structure bills advancing.
A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...