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Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump administration and Republican lawmakers, who have set their sights on quickly passing stablecoin and cryptocurrency market structure legislation this Congress. “For far too long, the absence of a regulatory framework for stablecoins has left consumers vulnerable, businesses in the dark, and stifled innovation here at home,” Senate Banking Chair Tim Scott (R-S.C.) said in a statement. “Today’s historic passage of the GENIUS ... (full story)
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- Posted: Mar 13, 5:58pm (30 hr ago)
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 248
