U.S. Senate Takes 1st Big Step to Advance Stablecoin Bill

GENIUS Act Clears Senate Banking Committee: What It Means For Stablecoins
Senator Hagerty’s GENIUS Act advances out of banking committee with bipartisan support despite Elizabeth Warren’s warnings about crypto risks and consumer protection concerns.
Senate Stablecoin Bill Passes Out of Committee With Strong Bi-Partisan Support
The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
U.S. Senate Banking Committee Approves GENIUS Act Stablecoin Bill
The GENIUS Act was introduced by Senators Bill Hagerty (R-Tenn.), Kirsten Gillibrand (D-N.Y.), Cynthia Lummis (R-Wyo.), and Angela Alsobrooks (D-Md.).
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into thebill,
Stablecoin regulatory bill receives green light during Banking Committee hearing
The GENIUS Act, introduced by Senator Hagerty in February, seeks to establish clear guidelines for stablecoin payments in the US. Hagerty announced an update to the bill on Monday, with help from Senators Tim Scott, Cynthia Lummis, Kirsten Gillibrand and Angela Alsobrooks.
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,
Stablecoin bill clears Senate committee
The Senate Banking Committee Thursday voted to send a stablecoin bill to the full chamber for debate. Why it matters: The committee markup on the GENIUS Act was a key step in advancing a stablecoin bill,
Watchdog group says stablecoin bill may facilitate 'crypto abuse'
"Price manipulations, coin failures, and use of cryptocurrencies in illicit finance will increase," warns D.C.-based watchdog ...
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US ...
American Banker1d
Banks are pushing back against stablecoin legislation
As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to ...
Introduction of GENIUS Act Stablecoin Bill
A summary of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was recently introduced ...
CoinDesk3d
Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities
The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as ...
American Banker2d
Stablecoin executives are counting on the GENIUS Act
Firms such as Circle, Binance and Coinbase say new bipartisan legislation will attract banks to the market, providing a boost ...
U.S. GENIUS Stablecoin Bill Revised With Stricter Provisions, DeFi Executive Warns of Potential CBDC Control
The GENIUS Act, introduced by Tennessee Senator Bill Hagerty on Feb. 4, 2025, aims to regulate stablecoins like Tether’s USDT ...