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Senator Elizabeth Warren warns the GENIUS Act may let tech billionaires issue stablecoins that track users and bypass banking ...
Elizabeth Warren explains why the GENIUS Act, a GOP-backed cryptocurrency bill, could enable corruption in the tech industry and screw over Americans.
Senator Warren warned the GENIUS Act could let tech billionaires create stablecoins that track people’s spending.
In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, ...
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Senators Warren and Blumenthal sent a letter to Zuckerberg questioning Meta's renewed efforts to establish its private ...
The US Senate is advancing the GENIUS Act, a landmark bill to regulate dollar-pegged stablecoins, with five key procedural ...
According to Eleanor Terrett, the GENIUS Stablecoin Act is likely to pass the US Senate on Tuesday, paving the way for a vote ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
The measure, which introduces new compliance standards for issuers of stablecoins, passed with bipartisan support.
A bipartisan bill regulating and promoting "stablecoin" cryptocurrencies passed in the Senate Tuesday in a 68-30 vote, giving a boost to the legitimacy of digital currencies.