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The House passes the GENIUS Act, sending the first-ever regulatory framework for issuers of stablecoins to President Trump for his signature (Axios)

33d ago
Technology
Techmeme
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The House of Representatives has passed the GENIUS Act, a landmark bill establishing the first regulatory framework for stablecoin issuers. The legislation now heads to President Trump for his signature. This marks a significant step towards regulating the burgeoning stablecoin market and providing clarity for businesses operating within the cryptocurrency space. The GENIUS Act aims to bring oversight and stability to this sector of the digital economy.
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