cryptocurrency, Trump and GENIUS Act
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After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to floor debate, having already secured bipartisan Senate
U.S. stablecoin regulation ensuring consumer protection, financial stability, and global financial influence. Learn about issuer requirements, reserve rules, and its impact on international transactions.
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
XRP jumps 6% after the House advances the GENIUS Act, boosting Ripple’s RLUSD strategy and bringing new regulatory clarity.
The bills aim to define Bitcoin as a commodity, block a Federal Reserve issued CBDC, and regulate stablecoins while protecting decentralized assets.
The GENIUS Act, a suggested U. S. legislative framework, seeks long-awaited regulatory clarity for digital assets like Ripple (XRP). By defining digital tokens and establishing clear guidelines, the Act might end years
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
The XRP price sits significantly above key moving averages, including the 50-day Exponential Moving Average (EMA) at $2.37, the 100-day EMA at $2.30, and the 200-day EMA at $2.16. All of these averages bolster the bullish outlook and could serve as support levels in the event of a trend reversal.
GENIUS Act, Anti-CBDC Act, and CLARITY Act pass procedural vote 215-211 in Congress after Trump's Oval Office intervention.
The Clarity Act (HR 3633), the legislation that aims to provide guidance on how different digital assets are regulated and which agency has oversight, is
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.