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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 ...
The Genius Act passed in the House by a 308-122 vote after it was passed in the Senate last month with broad bipartisan support. The landmark legislation lays out the rules of the road for the $250 ...
The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed ...
Dimon told the "Acquired" podcast he was excited to get into the stock market as a teenager, only to see it dive 45% in two years.
Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.
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 ...
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 ...
In a historic development for the digital asset sector, Congress passed the first federal legislation to regulate stablecoins on Thursday. The bill, a centerpiece of what former President Donald Trump ...
The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...
The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed ...
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