Latest News and Articles about U.S. Senate
Senate Delays Crypto Bill to 2026, Triggers $140 Billion Market Crash
Senate Delays Crypto Bill to 2026, Market Tanks $140 Billion in Brutal Sell-Off The U.S. Senate has once again slammed the brakes on progress, postponing a critical crypto market structure bill until early 2026, and the fallout has been nothing short of savage. A staggering $140 billion was wiped from the cryptocurrency market almost overnight, […]
Read MoreU.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 […]
Read MoreSenate Rejects Stablecoin Bill Amid Partisan Clash and Trump Concerns
Senate Clash Stalls Stablecoin Legislation Progress The U.S. Senate’s effort to establish a regulatory framework for stablecoins, digital currencies designed to have a stable value, faltered due to partisan tensions and concerns over former President Donald Trump’s crypto involvement. The Genius Act, which aimed to address the unclear legal status of the $246 billion stablecoin […]
Read MoreU.S. Senate Rejects GENIUS Act: Crypto Regulation Stalls, Stablecoins in Limbo
U.S. Senate Rejects GENIUS Act: Impact on Cryptocurrency Regulation and Stablecoins In a tense 48-49 vote, the U.S. Senate has thrown a wrench into the cryptocurrency industry’s plans by rejecting the Guiding Equitable and Novel Innovations in Stablecoins Act (GENIUS Act). This bill, designed to regulate stablecoins—a type of cryptocurrency designed to minimize the volatility […]
Read MoreU.S. Senate Votes 70-28 to Repeal IRS DeFi Broker Rule, Awaiting Trump’s Approval
U.S. Senate Votes to Repeal Controversial IRS DeFi Broker Rule The U.S. Senate has decisively voted 70-28 to overturn a contentious IRS rule that would have imposed strict tax reporting requirements on decentralized finance (DeFi) platforms. This significant move, which followed a similar resolution from the House of Representatives, awaits President Donald Trump’s expected approval. […]
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