Tagged: the genius act

July 28, 2025 @ 3:14 pm By Tony Zerucha  |  

Everything’s in place for Web3 minds to deliver value to every area of finance, beginning with home ownership and extending to areas like instant payments and budgeting. For John Nahas, Ava Labs’ chief business officer, it’s about time. 3 keys to the impending boom Nahas… Read More

July 24, 2025 @ 9:33 am By JD Alois  |  

Punitive policies directed toward digital asset innovation compelled many entrepreneurs to flee the US during the Biden Administration. It is difficult to estimate the extent to which this myopic approach has undermined the Fintech sector in the country, but fortunately, the Trump Administration has embraced… Read More

July 23, 2025 @ 1:43 pm By Omar Faridi  |  

On July 18, 2025, the U.S. financial sector seemingly took a significant leap forward with the signing of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a key piece of legislation that establishes a federal framework for stablecoins like USD Coin (USDC)…. Read More

July 23, 2025 @ 11:56 am By Tony Zerucha  |  

Parfin CEO Marcus Viriato recently shared his thoughts on several key issues facing stablecoins in the weeks ahead. Is the U.S. House of Representatives’ ‘Crypto Week’ a signal to both the traditional finance and Fintech industries that we’re almost over the final hurdle to mass… Read More

July 22, 2025 @ 2:44 pm By Omar Faridi  |  

    The US Senate recently approved  the GENIUS Act (S 1582) with a bipartisan 68–30 vote —marking a watershed moment for stablecoin regulation. The legislation was soon signed into law by President Donald Trump, who declared a significant victory for the administration. The legislation… Read More

July 22, 2025 @ 11:56 am By JD Alois  |  

CI has received some commentary from the CEO of AMINA Bank regarding the recent crypto legislation that was approved in the US House of Representatives. The GENIUS Act, payment stablecoin legislation, is now law after being signed by President Donald Trump. The CLARITY Act, a… Read More

July 21, 2025 @ 5:11 pm By Omar Faridi  |  

On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law, marking a historic milestone for the cryptocurrency industry. This legislation establishes the first comprehensive federal framework for regulating stablecoins—digital currencies pegged to assets… Read More

July 19, 2025 @ 11:23 am By Tony Zerucha  |  

CEOs Michael Carbonara of Ibanera and Nigel Green of deVere Group weighed in on the GENIUS Act and the Clarity Act. “The GENIUS and Clarity Acts represent a long-overdue inflection point for digital finance in the United States. For years, innovation has outpaced regulation, forcing… Read More

July 18, 2025 @ 7:42 pm By JD Alois  |  

President Donald Trump signed the GENIUS Act (S 1582) into law today in a landmark move that adds to the legitimacy of the crypto industry. In a grand ceremony today, President Trump declared the legislation Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether CEO Paulo Ardoino, Robinhood… Read More

July 18, 2025 @ 1:23 pm By JD Alois  |  

Yesterday, several bills were approved in the House of Representatives that should dramatically change the landscape for the digital asset sector. The GENIUS Act is legislation that provides federal rules for the issuance and usage of payment stablecoins. This bill will soon be signed into… Read More

July 17, 2025 @ 4:27 pm By JD Alois  |  

After a choppy week of political posturing, the GENIUS Act (S 1582), the legislation that provides federal rules for payment stablecoins, has been approved in the House of Representatives. This means the legislation will soon be presented to the President’s desk to be signed into… Read More

July 17, 2025 @ 9:04 am By JD Alois  |  

During a late-night session of the House of Representatives, HR 580 was approved by a majority of its members, thus allowing key crypto legislation to advance towards a floor vote. HR 580 is a procedural resolution that multiple Republicans were blocking. A vote earlier in… Read More

July 16, 2025 @ 10:48 am By JD Alois  |  

Yesterday, the House of Representatives stalled several cryptocurrency bills in a key procedural vote, causing the House to move to recess and regroup on the legislation. Three crypto bills are in the queue for approval in the House: the CLARITY Act (HR 3633), the GENIUS Act… Read More

July 15, 2025 @ 3:25 pm By JD Alois  |  

The package of crypto bills sitting in the House of Representatives hit a speed bump today as multiple Republicans voted against a procedural measure to advance the legislation. A Resolution (HR 580) which impacted the CLARITY Act (HR 3633), the GENIUS Act (S 1582), the… Read More

July 14, 2025 @ 5:01 pm By JD Alois  |  

Crypto week is happening in Washington, DC, and several bills are in the queue for a House vote. 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 expected to… Read More

July 14, 2025 @ 3:59 pm By JD Alois  |  

With the CLARITY Act and the GENIUS Act on deck this week for House approval, Maxine Waters, the Ranking Member on the House Financial Services Committee, has posted an Op-ed slamming these bills as little more than legislation for and written by the crypto industry…. Read More

July 11, 2025 @ 1:42 pm By JD Alois  |  

Both the Clarity Act and the GENIUS Act are expected to be up for a floor vote, after which the legislation will move to the President’s desk to be signed into law. The Republican controlled Congress has delivered on its promise to create rules for… Read More

July 9, 2025 @ 5:53 am By Omar Faridi  |  

We recently caught up with decentralized finance and blockchain professional, Tory Green, co-founder of io.net, who shared key insights about the GENIUS Act. While the Senate’s passage of the bill was historic, momentum is now at risk. House lawmakers are considering whether to merge the… Read More

June 26, 2025 @ 10:31 am By JD Alois  |  

Last week, Senate Banking Committee Chairman Tim Scott commented on President Donald Trump’s support for the GENIUS Act (S. 1582), legislation that aims to establish a federal regulatory perimeter to facilitate stablecoin innovation. More specifically, payment stablecoins issued by private firms tied to fiat currency. The bill was approved… Read More

June 17, 2025 @ 6:17 pm By JD Alois  |  

The GENIUS Act  (S. 1582) was approved by the Senate today, thus moving federal regulations for stablecoins closer to reality. While stablecoins are typically tied to other assets, such as fiat currency, gold, or perhaps an algorithm, this legislation explicitly addresses payment stablecoins or digital… Read More