U.S. Senate Moves to Regulate Stablecoins

Regulation | March 14, 2025 GENIUS Act Passes Senate Banking Committee, Stablecoin Rules Are Coming On February 4, 2025, Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) based on the discussion draft he released in October 2024.  Yesterday, the GENIUS Act received approval from the Senate Banking Committee with

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