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Latest News and Articles about GENIUS Act

Trump Pushes GENIUS Act: Stablecoin Regulation and Altcoin Hype Under Scrutiny

Trump’s Stablecoin Bill Push: Altcoin Hype or Regulatory Reality? President Donald Trump is flexing his “crypto president” muscle, pressing House Republicans to rush through the GENIUS Act—a Senate-approved stablecoin bill that could mark a historic shift for digital currencies in the US. With Bitcoin shattering records above $117,000 and market optimism buzzing, some are touting […]

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Trump’s GENIUS Act Under Fire: NYAG Blasts Weak Stablecoin Rules Ahead of 2025 Vote

Trump’s GENIUS Act Sparks Fury: NYAG Slams Weak Stablecoin Rules Before July 2025 Vote The Trump-backed GENIUS Act, a landmark bill to regulate stablecoins, is facing a firestorm of criticism as it inches toward a critical House vote in July 2025. Fresh off a strong 68-30 Senate win, the legislation has drawn sharp rebuke from […]

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Fidelity and Circle Seek US Bank Charters: Crypto’s Mainstream Leap or Trap?

Fidelity and Circle Push for US National Bank Charters: A Crypto Game-Changer? Major cryptocurrency giants Fidelity Digital Assets and Circle are making a bold bid for national bank charters in the United States, a move that could fundamentally reshape how digital assets integrate with traditional finance. With a potentially crypto-friendly Trump administration on the horizon, […]

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Stablecoin Market Hits $250B: Regulators Scramble Amid $2T Growth Forecast

Stablecoin Market Soars to $250 Billion as Regulators Race Against Time The stablecoin sector, currently valued at a hefty $250 billion, is on a rocket-like trajectory with projections estimating a staggering $2 trillion global market. Yet, as these fiat-pegged digital assets reshape decentralized finance (DeFi) and cross-border payments, regulators in the EU and U.S. are […]

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China’s FOMO Fuels Yuan Stablecoin Push as Dollar Stablecoins Hit $261B

China’s FOMO Grips Tight as Dollar-Pegged Stablecoins Surge to $261 Billion China is staring down a digital currency juggernaut as dollar-pegged stablecoins dominate a $261 billion market, with the U.S. cementing its lead through bold regulatory moves. Beijing’s fear of missing out is deafening, with state media pushing for yuan-backed stablecoins to challenge the greenback’s […]

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Peter Schiff Launches Gold-Backed Token, Slams USD Stablecoins as Flawed Fiat

Peter Schiff’s Golden Crypto Gambit: Launching a Gold-Backed Token While Slamming USD Stablecoins Peter Schiff, the unapologetic gold evangelist and Bitcoin detractor, has tossed a grenade into the crypto arena by announcing plans to launch his own gold-backed token, all while tearing into U.S. dollar-pegged stablecoins with the ferocity of a bear market. Famous for […]

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Wyoming’s WYST Stablecoin: State-Backed Innovation with Aptos and Sei Leading the Charge

Wyoming’s WYST Stablecoin: A Bold Leap with Aptos and Sei at the Helm Wyoming is carving its name into the annals of digital finance history with the launch of WYST, the first U.S. state-backed stablecoin, pegged 1:1 to the USD. In a move that’s turned heads, the Wyoming Stable Token Commission has tapped Aptos and […]

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Justin Sun Meets Bo Hines: Tron’s Bold Push for US Crypto Leadership

Justin Sun and Bo Hines Join Forces: Can Tron Shape US Crypto Leadership? Justin Sun, the polarizing founder of Tron, recently held a high-stakes meeting with Bo Hines, the White House’s Executive Director of the President’s Council of Advisers on Digital Assets. Their discussion zeroed in on how Tron’s blockchain technology could bolster US dominance […]

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Stablecoins Could Cement U.S. Dollar Dominance, Says Treasury Secretary Bessent

Stablecoins: A Tool to Fortify U.S. Dollar Dominance, Says Treasury Secretary Bessent U.S. Treasury Secretary Scott Bessent has made a striking case for stablecoins, asserting they could solidify the global supremacy of the U.S. dollar by becoming massive buyers of government debt like Treasurys. With a landmark Senate bill passing to regulate these digital assets […]

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Peter Schiff Slams USD Stablecoins as ‘Flawed Fiat’ Amid Digital Dollar Regulatory Push

Peter Schiff Blasts USD Stablecoins as ‘Flawed Fiat’ Amid U.S. Digital Dollar Push Peter Schiff, the gold-obsessed Chief Economist at Euro Pacific Asset Management, has unleashed another salvo against the crypto world, this time slamming USD-pegged stablecoins as mere extensions of a “flawed fiat currency.” With the stablecoin market surging to $251.88 billion and U.S. […]

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Circle Stock Soars 33% as GENIUS Act Passes: Trump’s Stablecoin Push Raises Concerns

Circle Stock Surges 33% with GENIUS Act Passage: Trump Pushes Stablecoin Regulation The U.S. Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has ignited a firestorm of activity in the cryptocurrency sector, with Circle, the issuer of USDC, leading the charge as its shares skyrocketed over 33%. Meanwhile, President […]

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Congress Faces Urgent Need to Fix Stablecoin Laws and Prevent Financial Crisis

Congress Must Revamp Stablecoin Regulation to Avert a Financial Disaster Stablecoins, the cryptocurrencies designed to hold steady value against assets like the U.S. dollar, have surged to a $247 billion market, promising a revolution in global finance with seamless transactions and decentralized innovation. But as Congress forges ahead with the GENIUS Act in the Senate […]

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Senate Passes GENIUS Act for Stablecoin Regulation, House Fight Looms

Senate Greenlights GENIUS Act for Stablecoins, But House Battle Brews On June 17, 2025, the U.S. Senate made history by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 68-30 vote, marking the first time Congress has approved legislation specifically targeting stablecoins and digital assets. This could be a […]

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Tether’s Dominance at Risk: Can USDT Survive U.S. GENIUS Act Regulations?

Can Tether’s Dominance Survive the U.S. Stablecoin Regulatory Storm? Tether, the undisputed titan of stablecoins with 155 billion USDT in circulation, stands at a crossroads as U.S. lawmakers tighten the noose with the groundbreaking GENIUS Act of 2025. Already passed by the Senate with a decisive 68-30 vote, this legislation could either force Tether into […]

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U.S. Senate Passes GENIUS Act: Stablecoin Regulation Breakthrough or Trap?

U.S. Senate Passes GENIUS Act: A Game-Changer for Stablecoins or a Regulatory Trap? The U.S. Senate has dropped a bombshell on the crypto world, passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 with a bipartisan vote of 68-30 on June 17, 2025. This historic move—the first major cryptocurrency legislation […]

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U.S. Crypto Groups Unite to Back BRCA in CLARITY Act for Digital Asset Regulation

Eight U.S. Crypto Groups Back BRCA in CLARITY Act to Shape the Future of Digital Assets Eight heavyweight U.S. cryptocurrency organizations, including Coin Center and the Blockchain Association, have united to support the integration of the Blockchain Regulatory Certainty Act (BRCA) into the updated CLARITY Act. Announced on Monday, this move could be a game-changer […]

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XRP’s 11,200% Surge Hype: GENIUS Act Truth and XYZVerse Meme Coin Risks Exposed

XRP’s 11,200% Surge Hype: GENIUS Act Reality Check and XYZVerse Meme Coin Madness A new U.S. law has crypto Twitter buzzing with claims of an 11,200% price explosion for XRP, while a presale meme coin, XYZVerse, dangles promises of 30x gains. But is there substance behind the speculation, or are we just witnessing another round […]

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Tron ETF Filing Sparks Hope as Banks Eye Stablecoins and Altcoins Surge

Regulatory Shifts and Altcoin Buzz: Tron ETF Filing, Bank Stablecoins, and Four Tokens on the Radar Major developments are unfolding in the cryptocurrency space as regulatory barriers show signs of easing and traditional financial giants dip their toes into blockchain waters. The SEC’s acknowledgment of a Tron staking ETF, U.S. banks exploring a joint stablecoin, […]

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U.S. Banks Set to Launch Stablecoin, Challenging USDT and USDC Amid Regulatory Shifts

U.S. Banks Plan to Launch New Stablecoin to Compete with USDT and USDC Amid Regulatory Changes In a bold move that could disrupt the $245 billion stablecoin market, major U.S. banks are planning to launch their own digital currency. This initiative follows the Senate’s progress on the GENIUS Act, aimed at regulating stablecoins amidst growing […]

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Senate Dems Amend GENIUS Act to Curb Trump Family’s Stablecoin Profits

Senate Democrats Target Trump’s Stablecoin Payday with Anti-Corruption Amendment Can a family’s involvement in cryptocurrency influence national policy? Senate Democrats are pushing to amend the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to prevent corruption linked to President Trump’s family and their cryptocurrency platform, World Liberty Financial (WLFI). Senate Democrats propose anti-corruption […]

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White House Crypto Advisor: Stablecoin Regulation Could Boost U.S. Debt by Trillions

White House Crypto Czar David Sacks: Stablecoin Clarity Could Trigger Trillions for U.S. Debt David Sacks, President Trump’s advisor on crypto and AI, suggests that the passage of the GENIUS Act, a bill aimed at regulating stablecoins, could lead to a significant demand for U.S. Treasuries, potentially injecting trillions into the U.S. debt market. GENIUS […]

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U.S. Senate Advances GENIUS Act: Stablecoin Regulation Amid Trump and Sun Controversies

U.S. Senate Advances Stablecoin Bill to Floor Vote, Amid Concerns and Controversies The U.S. Senate has taken a historic step toward regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act to a floor vote. This development could significantly shape the future of cryptocurrencies and stablecoins, which are digital assets designed […]

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Ripple CEO Calls Out Senator Lummis for Canceled Meeting Amid Crypto Regulation Push

Ripple CEO Slams Sen. Lummis Over Canceled Meeting Amid Crypto Reform Push Ripple CEO Brad Garlinghouse slammed Senator Cynthia Lummis for canceling a crucial meeting, emphasizing the urgent need for clear crypto regulations. Canceled meeting between Ripple CEO and Senator Lummis Growing institutional interest in crypto with CME Group’s XRP futures Urgency for regulatory clarity […]

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