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The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins.
Senator Bill Hagerty led the legislation with support from Tim Scott, the committee’s chairman, as well as Senators Kirsten ...
The GENIUS Act, introduced by Tennessee Senator Bill Hagerty on Feb. 4, 2025, aims to regulate stablecoins like Tether’s USDT ...
The Senate Banking Committee is considering bills to create a regulatory framework for dollar-denominated stablecoins and to ...
Democrats and Republicans in the Senate are laying the groundwork for a government shutdown standoff as the clock ticks down.
The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.
The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as ...