Stablecoin Bill Set to Advance in Senate

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,
Landmark Stablecoin Bill Advances in Senate Banking Committee
The Senate Banking Committee advanced landmark stablecoin legislation Thursday in a major victory for the ascendant cryptocurrency industry, despite strong objections from top Democrat Elizabeth Warren.
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.
Senator Hagerty’s stablecoin bill clears Senate Banking Committee
Senator Bill Hagerty led the legislation with support from Tim Scott, the committee’s chairman, as well as Senators Kirsten Gillibrand, Cynthia Lummis, and
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
As Senate pushes stablecoin bill, Elizabeth Warren warns of risks to consumers
Warren said the bill would “clear the decks for Elon to issue X Money as his own stablecoin, without any guardrails to protect consumers."
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.).
Stablecoin Bill Set to Advance in Senate After Trump Push
The Senate Banking Committee will vote Thursday on a bipartisan deal to regulate stablecoins as House Republicans push for quick action on their own bill.
Fintech executives push stablecoins at congress as Trump backs regulation
Financial technology executives are gearing up to advocate using dollar-backed stablecoins to cut transaction costs for American consumers and businesses.
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 ...
Decrypt17h
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.
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 ...
Banks push to block stablecoin legislation over market share fears
The banking industry fears stablecoins will disintermediate legacy financial institutions and is fighting against the current ...
CoinDesk2d
As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY Mellon and a Wall Street ...
No, the Stablecoin Bill Isn't Built for Billionaires
Elizabeth Warren claims that proposed stablecoin legislation gives Elon Musk a “clear runway” to control U.S. money and ...
Senate panel takes up debanking reform, first digital assets bill
The Senate Banking Committee is considering bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk." ...