stablecoin regulation Archives

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

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US President Donald Trump has called on the House of Representatives to swiftly pass the GENIUS Act without making any amendments, urging lawmakers to deliver the bill to his desk “ASAP.” In a post on Truth Social Thursday, Trump celebrated the Senate’s approval of the bill and warned against any attempts to delay or tweak […]

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Meta’s Stablecoin Plan Questioned By Senators In New Letter

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto legislation advances through the US Congress, two senators have sent a letter to Meta founder Mark Zuckerberg inquiring about the company’s stablecoin strategy following recent reports alleging that the tech giant is planning to launch a private currency. Democrats Question

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Apple, X, Airbnb Eye Stablecoin Integration

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As US lawmakers work on passing crucial crypto-related legislation, multiple tech giants are reportedly exploring the adoption of stablecoins to lower transaction costs and streamline cross-border payments. Apple, Airbnb, X Eye Stablecoin Integration On Friday, Fortune reported that multiple Big Tech companies

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Stablecoin Bill ‘Going To Pass’, Says Trump’s Crypto Czar

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The White House’s AI and Crypto Czar, David Sacks, has said that the Trump administration is optimistic about the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act moving through the Senate after it regained momentum and bipartisan support. Stablecoin Regulation

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Amendment Stablecoin Bill To Face 2nd Vote

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Senators prepare for a new vote on the highly anticipated stablecoin bill that recently failed to pass cloture. After facing backlash and support withdrawal from Senate Democrats, the bill has undergone new bipartisan amendments to advance the legislation in the upcoming

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Scott Bessent Slams 48-49 Senate Snub – Will GENIUS Act Failure Cost U.S. Crypto Crown?

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Key Takeaways: Stablecoin regulation remains fractured following Senate rejection. Treasury Secretary warns that U.S. crypto dominance is at risk without the GENIUS Act. Democrats sank the bill over AML and national security concerns. A controversial 48-49 Senate vote on Thursday to reject the GENIUS Act has sparked an immediate backlash from U.S. Treasury Secretary Scott

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SEC Ends PayPal Stablecoin Probe With No Enforcement Action

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry. SEC Drops PayPal’s Stablecoin Investigation PayPal has revealed

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SEC Walks Away From Investigation Into PayPal’s Dollar-Pegged Stablecoin

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The US Securities and Exchange Commission has dropped its investigation into the PayPal dollar-backed stablecoin, PYUSD, without taking enforcement action. PayPal disclosed the decision in a Tuesday filing, marking another high-profile crypto probe closed under President Donald Trump’s administration. It said that the SEC’s Division of Enforcement had issued a subpoena in Nov. 2023, requesting

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