Tag: GENIUS Act
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GENIUS Act Sparks $4B Stablecoin Surge
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The US crypto industry is seeing a wave of renewed momentum following the passage of the GENIUS Act, a landmark law offering a clear legal framework for fiat-backed stablecoins. Within just a week of the Act being signed into law on July 18, nearly $4 billion flowed into the stablecoin sector, raising its total market…
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PNC Bank Launches Crypto Trading with Coinbase
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As cryptocurrency adoption continues to rise, PNC Bank has become the latest major financial institution to embrace digital assets. The American banking powerhouse has announced a new partnership with Coinbase, aiming to offer crypto trading and custody services directly to its clients. This move marks a significant milestone in the growing convergence between traditional banking…
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Senate Passes Stablecoin Bill in Major Crypto Win
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In a historic move for the cryptocurrency industry, the US Senate has passed the GENIUS Act, a stablecoin bill that lays the foundation for federal regulation of stablecoins. With a bipartisan 68–30 vote, the bill marks the first time a major piece of cryptocurrency legislation has cleared the Senate, representing a pivotal step toward legitimising…
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GENIUS Act Clears Senate Cloture: The Path Forward for U.S. Stablecoin Regulation
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The GENIUS Act, the most comprehensive attempt yet by the United States to create a federal-level regulatory framework for stablecoins…