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US banks lobby to amend GENIUS stablecoin Act, citing $6.6 trillion risk

The first official US stablecoin law, known as the GENIUS Act, is already facing pushback from major banking groups that argue some provisions could destabilise the traditional financial sector. Passed in July 2024, the legislation was intended to bring clarity to the multibillion-dollar stablecoin industry while securing the country’s leadership in digital assets. However, banks […] дальше »

2025-8-26 17:15


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Top altcoin to buy as US Republicans declare ‘crypto week’ to mull 3 crypto bills

US Republicans are igniting fresh momentum in the crypto market, designating July 14-18 as ‘Crypto Week’ to evaluate three pivotal bills.  House leaders, including Speaker Mike Johnson, are pushing the GENIUS Act for stablecoin regulation, the CLARITY Act for market structure, and the Anti-CBDC Surveillance State Act to block central bank digital currencies. This legislative […] дальше »

2025-7-7 12:31


Coinbase, Circle shares surge after US Senate passes Stablecoin bill

Shares of cryptofirms Coinbase (COIN) and Circle (CRCL) surged on Wednesday after the US Senate passed the key stablecoin bill, the GENIUS Act, which will bring more legitimacy to stablecoins. Coinbase and Circle’s gains Circle’s shares surged over 22% while Coinbase’s shares gained 14% after the bill was passed late Tuesday. Coinbase’s gains made it […] дальше »

2025-6-19 21:40