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President Trump, who is rapidly expanding his fortunate by investing in crypto, has now signed the first major piece of ...
Paxos and Mastercard are among the firms betting that legal clarity will lead to a wider range of stablecoin users.
President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act”), ...
Stablecoins are digital assets that are designed to maintain a stable value relative to a specific reference asset, like a ...
The GENIUS Act aims to regulate U.S.-dollar stablecoins, which could change the landscape of digital payments.
President Trump signed Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law. Mastercard shares insights.
Stablecoins , digital tokens pegged to traditional currencies like the US dollar — have become central to the cryptocurrency ...
The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, ...
Mastercard calls GENIUS Act a historic turning point, boosting stablecoin trust, adoption and opening doors for big banks, ...
Bitcoin was rising after the signing of the Genius Act but Ether, XRP and Solana looked to be bigger beneficiaries.
The GENIUS Act requires stablecoins in the U.S. be backed by dollars or U.S. Treasuries. That will lock in demand for dollars ...
President Trump signed the GENIUS Act into law on Friday, according to Reuters. The law establishes the first U.S. regulatory ...