3 Ways the Genius Act Could Affect the Cryptocurrency Sector ...
8 Articles
8 Articles
Wealth Tracker: New crypto rules - Are stablecoins still a good investment? - Money Matters with Hongbin Jeong and Chua Tian Tian (4pm
The recent Senate progress on the GENIUS Act and the CLARITY Act represents major strides toward properly regulating cryptocurrency in the US. The GENIUS Act targets stablecoins, while the CLARITY Act tackles jurisdictional issues between the SEC and CFTC - both crucial bipartisan efforts aimed at strengthening the global legitimacy of the crypto industry. So how does the US regulatory approach compare to proactive regions in Asia, like Hong Kon…
Digital Currency Law Goes To Shapiro - ButlerRadio.com - Butler, PA
All digital currency transfers will now fall under the same regulations as traditional money transmissions. This means cryptocurrency will need to meet licensure requirements. The bill passed through both the house and senate with bipartisan support only receiving two no votes in the house. The bill was signed by the governor on Friday and will become state law in 60 days. The post Digital Currency Law Goes To Shapiro appeared first on ButlerRad…
3 Concerns Investors Have if the Cryptocurrency-Focused Genius Act Becomes Law @themotleyfool #stocks $USDC $JPM $ETH $USDT $SOL $CRCL
Cryptocurrency legislation is gathering steam. On June 17, the Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (Genius Act for short), which is designed to give a framework for the stablecoin industry. If it becomes law, it will be the first cryptocurrency legislation passed by the U.S. government and set the stage for increased adoption of crypto. The House must now approve it -- and may push for changes …
Is the US about to pass the most industry-friendly crypto law yet?
Before the elections, the cryptocurrency industry was characterized by scrutiny, strict policies, and lawsuits. But things are changing rapidly. This month, the Senate passed the GENIUS Act, a bill designed to regulate stablecoins and bring digital assets under federal oversight. This is the first time either chamber has approved major crypto legislation. And with the […]
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