U.S. Senate Takes Major Step Toward Stablecoin Regulation with GENIUS Act Vote
In a landmark move for cryptocurrency regulation, the U.S. Senate voted 66-32 on Monday night, 19 May to advance the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The procedural cloture vote clears the way for further debate and amendments, marking a significant bipartisan push to establish clear rules for stablecoins – […]
US Senate Passes Landmark Stablecoin Bill: A New Era for Digital Finance?
18 June 2025 In a significant stride for the cryptocurrency world, the U.S. Senate has just passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with strong bipartisan support (68-30). This landmark legislation, championed by Senate Majority Leader John Thune (R-S.D.) and Sen. Bill Hagerty (R-Tenn.), marks a pivotal moment, aiming to […]
What is the U.S. GENIUS Act: A Guide for Business Owners and Stablecoin Regulation
The digital currency landscape is undergoing significant transformation, with stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar—gaining prominence in global finance. Recognizing the need for regulatory clarity, the U.S. Senate has introduced the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This legislation aims to establish a comprehensive framework for stablecoin issuance […]
South Korea Pioneers Stablecoin Legislation: Impact on Digital Finance
South Korea is actively pursuing significant legislation to enable local stablecoin issuance, aiming to evolve its cryptocurrency landscape. Newly elected President Lee Jae-myung and the ruling Democratic Party have introduced the Digital Asset Basic Act, a comprehensive framework designed to foster innovation, enhance transparency, and solidify the nation’s digital economy leadership. This legislative push signals […]
