Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly ...

“If this bill passes, it will allow Elon Musk and Mark Zuckerberg to issue their own money. The bill still permits Big Tech ...

Bipartisan majorities back the first federal cryptocurrency measure to reach a president’s desk. It restricts the issuance of ...

The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, ...

Digital dollar issuers like $55 bln Circle hope to bypass traditional lenders by getting their own bank licenses. An even bigger prize would be an account with the Federal Reserve itself. That would ...

President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency ...

Shares of crypto-linked companies jumped on Monday, as ether prices advanced after President Donald Trump signed into law a ...

The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, ...

President Donald Trump signed the GENIUS Act, which regulates dollar-based digital tokens called stablecoins and the first major law governing digital currency.

The GENIUS Act establishes a regulatory framework for stablecoins, which are tied to the value of a nation’s currency.

Trump signs the GENIUS Act, introducing the first federal stablecoin regulation with new requirements for issuers and ...