The Guiding and Establishing National Innovation for U.S. Stablecoins Act, called the GENIUS Act, took a major step toward becoming law this week after passing the Senate Banking Committee in a ...

“Where’s Elon Musk?” he said, pointing to empty chairs. “I’m sure he’s a genius and a very credible person for the wealth he’s accumulated but that doesn’t put him above the law or ...

The revised GENIUS Act includes stronger provisions for overseas stablecoin regulation and international agreements to improve cross-border transactions. New rules require stablecoin issuers to comply ...

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift in the approach to ...