This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election ...

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

Fairshake PAC Steps Up Pressure for Clearer Crypto Rules As legislative sponsors rally to refine the GENIUS Act, the crypto industry’s political arm, Fairshake Super PAC, is ramping up pressure ...

But the big money and campaign donations flowing from cryptocurrency firms have made them a new powerhouse on the political scene ... crypto legislation. The GENIUS Act would create a new ...

The GENIUS Act plays a pivotal role in the regulation ... confidence in USD1—especially when considering the broader political dynamics that can influence sentiment and risk in the crypto ...

Nobel Prize winner Paul Krugman, recently condemned stablecoins for their limited real-world application and support of ...

To the delight of Silicon Valley, Big Tech and Wall Street, within the next week or two the Senate appears poised to approve the GENIUS Act ... from economic and political pressures, to protect ...

“Recent political opposition to the GENIUS Act is misplaced, as it contains robust anti-money laundering measures applicable to both domestic and foreign issuers, and any concerns regarding ...

The Independent is trusted by Americans across the entire political spectrum ... stage for these assets to go mainstream.” The GENIUS Act governs how stablecoins can be issued and exchanged.

He voted to advance the GENIUS Act, a bill backed by the cryptocurrency ... to influence Congress is hardly unusual. But crypto’s political machine has stood out for the scale of its spending ...

This historical context may impact investor confidence in USD1-especially when considering the broader political dynamics that can influence sentiment and risk in the crypto market. The GENIUS Act is ...