The U.S. House narrowly advanced landmark cryptocurrency legislation Wednesday, including a stablecoin regulatory framework and market structure rules, after a controversial procedural vote. By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which creates federal oversight for stablecoin issuers and could reach […]House Votes to Advance GENIUS Stablecoin Bill, Crypto Market Structure Act
The U.S. House narrowly advanced landmark cryptocurrency legislation Wednesday, including a stablecoin regulatory framework and market structure rules, after a controversial procedural vote. By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which creates federal oversight for stablecoin issuers and could reach […]