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U.S. Senate passes stablecoin bill, the GENIUS Act, establishing a regulatory framework for digital currencies, marking a ...
Key Takeaways The Senate passed the GENIUS Act Tuesday, giving a boost to stablecoin cryptocurrencies.As their name suggests, stablecoins are meant to have unchanging value relative to the U.S. dollar ...
The landmark legislation triggered significant market reactions, with Coinbase Global (NASDAQ: COIN) surging 10.57% to $280.67 and Circle Internet Group (NASDAQ: CRCL) experiencing an extraordinary 18 ...
Circle’s stock CRCL shot up 20% on Tuesday, smashing its earlier record and landing at $183, after the Senate passed the ...