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Crypto bills near Trump’s desk The GENIUS Act is not a small bill, as it might sound. This is the first serious attempt to give US dollar-pegged stablecoins proper federal guardrails and a legal ...
It’s working-class people who pay the price, while anonymous speculators and political insiders get richer and more unaccountable by the day.” As Our Revolution previously warned, the GENIUS Act ...
As legislative sponsors rally to refine the GENIUS Act, the crypto industry’s political arm, Fairshake Super PAC, is ramping up pressure for swift passage.
The focus of the Genius Act is a type of crypto called a stablecoin, whose value is intended to be tethered to another, more stable asset, like the dollar. If the act is passed, stablecoins could ...
For Trump, the GENIUS Act offers political capital. It differentiates him from earlier administrations that flailed at crypto policy or focused on enforcement-first postures.
The GENIUS Act sets initial guardrails and consumer protections for stablecoins, which are tied to assets like the U.S. dollar to reduce price volatility compared with other forms of cryptocurrency.
Until Washington retreats from commercial meddling, it will be necessary for those discovering a new future to make nice with the political class. The passage of GENIUS, CLARITY and others like it ...
The GENIUS Act is the right bill at the right time. Congress needs to pass it fast. Steve Cortes is president of the League of American Workers and senior political adviser to Catholic Vote.
On Tuesday, the Senate passed the GENIUS Act with a strikingly bipartisan 68-30 tally. For a country that’s spent years lobbing political grenades across the aisle, it was a watershed moment.
In an interview prior to Tuesday’s vote, Seth Hertline, Head of Global Policy at the crypto wallet company Ledger, described the GENIUS Act as a political bellwether for the industry as a whole.
The GENIUS Act, introduced in early 2025, seeks to regulate US stablecoins, ensuring their legal use for payments and maintaining the dollar’s dominance. The bill establishes a dual oversight ...
To the delight of Silicon Valley, Big Tech and Wall Street, within the next week or two the Senate appears poised to approve the GENIUS Act, a law that would give legal blessing to stablecoins.
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