Stablecoin legislation advanced on the Senate floor Monday in an early win for the crypto industry, but the bill is expected to face a lengthy amendment process that will likely push a final vote

Still, the bill is considered a major win for the crypto industry. The industry-backed bill would help protect consumers and set industry standards that could allow stablecoins to become mainstream for digital payments and other financial instruments, advocates say.

The GENIUS Act advanced in the Senate with a 66-32 vote after 16 Democrats changed their position. The bill had previously failed amid criticism that

A battle has erupted within the Senate Democratic Conference over a bipartisan bill that would pave the way for broader commercial acceptance of cryptocurrency assets known as stablecoins, which

Bitcoin is making headlines again as its price climbed to $107,960, marking a four-month high and placing it within reach of its previous all-time peak of $109,288 set in January. This latest surge comes amid renewed optimism fueled by the U.

The GENIUS Act passed a cloture vote Monday less than two weeks after failing one. The stablecoin bill now heads to a full floor vote.

Sen. Roger Marshall (R-KS) is gauging support for a bill that reins in credit card swipe fees, though he has not requested a vote as part of a major piece of banking legislation.

GENIUS Act stablecoin bill faces Senate vote today amid bipartisan support but strong Democratic opposition and criticism.

Senator Elizabeth Warren slammed the GENIUS Act in a fiery speech on the Senate floor on Monday, citing risks to financial security.

Hong Kong passes a stablecoin bill requiring issuers to obtain licenses from Hong Kong Monetary Authority, marking a major step in crypto regulation.

The Senate passes the GENIUS Act cloture vote, moving stablecoin legislation closer to debate amid bipartisan support and strong criticisms.

The Merchants Payments Coalition today welcomed a letter from some of the nation’s largest Native American tribes urging Congress to include the Credit Card Competition Act in the GENIUS Act, aiming to help reduce rising costs for tribal members.