Tag: GENIUS Act
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The watershed moment of “Crypto Week”
“Crypto Week” marks a turning point: explosive rallies, historic legislation, and boundless optimism — or underlying peril? This past week saw a seismic shift in both U.S. crypto markets and regulations. Dubbed Crypto Week, it combined explosive price action—Ether soared nearly 20%, Bitcoin briefly surged above $123,000—and landmark federal legislation: President Trump signed the GENIUS…
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🏛️ A New Era in Digital Finance: The GENIUS Act Passes Senate
On June 17, 2025, the U.S. Senate voted 68–30 to pass the GENIUS Act—short for Guiding and Establishing National Innovation for U.S. Stablecoins—ushering in the first-ever federal framework to regulate stablecoins, a class of cryptocurrencies pegged to assets like the U.S. dollar (apnews.com). The legislation now heads to the House, with President Trump signaling he’ll…
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Crucial Senate Vote on GENIUS Act: A Defining Moment for U.S. Stablecoin Strategy
The U.S. Senate is poised to take a historic step today as lawmakers prepare for a pivotal cloture vote at 5:30 PM ET on the GENIUS Act of 2025 (Guiding and Establishing National Innovation for U.S. Stablecoins). The vote will determine whether the bill moves forward to full debate and, ultimately, a final vote on…