Senate passes GENIUS Act
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The 68-30 vote on the GENIUS Act marked the first time that the Senate has passed major legislation regulating digital assets.
Senator Elizabeth Warren warns the GENIUS Act may let tech billionaires issue stablecoins that track users and bypass banking rules.
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Cryptopolitan on MSNWarren says GENIUS Act could let tech giants launch spy coinsSenator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.
The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the United States Congress, and the stakes for the cryptocurrency industry are high.
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a House vote.
Sen. Elizabeth Warren (D-Mass.) took potshots at billionaires Elon Musk and Jeff Bezos on Monday, warning that stablecoin legislation would enable them to "exploit" user data and engage in unfair trade practices.
Democrat Elizabeth Warren has issued a stern warning regarding the GENIUS Act, claiming that stablecoins issued by tech giants such as Amazon and Walmart may le
Democrats are wrestling with their strategy on cryptocurrency, a once underground industry that has become a powerful player on Capitol Hill — and closely associated with President Donald Trump
Elizabeth Warren explains why the GENIUS Act, a GOP-backed cryptocurrency bill, could enable corruption in the tech industry and screw over Americans.