The U.S. House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) with a 308-122 vote, a landmark bill regulating the $ 250 billion stablecoin market. The House passed the GENIUS Act today. Aimed at making the U.S. the “crypto capital of the world,” it mandates stablecoin issuers to maintain 1:1 […]
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