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The CCCA Goes Into Limbo As a ‘Clean’ GENIUS Bill Advances - Digital Transactions
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The CCCA Goes Into Limbo As a ‘Clean’ GENIUS Bill Advances - Digital Transactions
Efforts to attach the Durbin-Marshall Amendment to the proposed GENIUS Act, a bill to regulate stablecoins, have failed. The Senate moved late Wednesday to advance the stablecoin bill without any amendments. Efforts to attach the amendment, which is the latest version of the Credit Card Competition Act, to the GENIUS Act began last month as CCCA sponsors saw attaching the legislation to a banking-related bill as a promising avenue for passage. T…
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