francisscottkey on Nostr: SENATE BANKING COMMITTEE REJECTS WARREN, ADVANCES PRO-CRYPTO GENIUS ACT Elizabeth ...
SENATE BANKING COMMITTEE REJECTS WARREN, ADVANCES PRO-CRYPTO GENIUS ACT
Elizabeth Warren threw a fit, but the pro-crypto GENIUS Act is moving forward—bringing the U.S. one step closer to clear stablecoin regulations.
The bill, which ensures stablecoins can be widely used as a payment option, passed despite Warren’s doomsday warnings.
Senator Bill Hagerty called stablecoins a key tool for modernizing finance, while Ripple CEO Brad Garlinghouse praised the move.
Elizabeth Warren threw a fit, but the pro-crypto GENIUS Act is moving forward—bringing the U.S. one step closer to clear stablecoin regulations.
The bill, which ensures stablecoins can be widely used as a payment option, passed despite Warren’s doomsday warnings.
Senator Bill Hagerty called stablecoins a key tool for modernizing finance, while Ripple CEO Brad Garlinghouse praised the move.