Ripple CEO Hails GENIUS Act as First Big Bill Since Dodd-Frank
Ripple CEO Brad Garlinghouse praises the US Senate’s passage of the GENIUS Act, calling it a historic milestone for crypto regulation. The bill establishes a stablecoin framework, gaining support from industry leaders like Coinbase and Gemini.
GENIUS Act passage paves way for institutional stablecoin use
The GENIUS Act passed by the US Senate sets clear stablecoin regulations, boosting institutional adoption. Banks plan integrations for payments, with private blockchain tokens likely first. Policy changes are key 2025 crypto market catalysts.
GENIUS Stablecoin Bill Passed Senate & You’ll Need a Best Wallet Soon
The US Senate passed the GENIUS Act, regulating stablecoins with stricter rules. Only licensed institutions can issue them, with transparency and reserve requirements. Privacy concerns and political debates surround the bill.
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The SEC and Ripple may conclude their lawsuit soon if an indicative ruling is granted. Meanwhile, the SEC seeks public comments on a proposed XRP spot ETF by Franklin Templeton Investments.
Canada approves first spot XRP ETF – Will the U.S. catch up soon?
Canada has approved the first spot XRP ETF, marking a milestone in altcoin ETFs. The U.S. SEC delays similar approvals, but optimism remains high. XRP’s price surged initially but corrected, with on-chain activity hinting at a potential Q3 breakout.
Gemini Files Scathing Complaint Accusing CFTC of 7-Year ‘Lawfare’ Campaign
Gemini filed a complaint accusing the CFTC of a 7-year ‘lawfare’ campaign, alleging selective enforcement and false charges, following a $5M settlement over disputed whistleblower claims.
Stablecoin Regulation Bill Nears Passage In Senate, Trump’s Crypto Holdings Unaddressed | Bitcoinist.com
The US Senate is nearing approval of the GENIUS Act to regulate stablecoins, with bipartisan support. The bill excludes presidential crypto holdings, raising concerns about conflicts of interest.
Cardano Gets Political Boost as Trump Insider Reveals ADA Holdings News ETHNews
Trump aide Thomas Thorgersen disclosed holdings in Cardano (ADA) and XRP, signaling political interest in crypto. This aligns with Trump’s pro-crypto agenda, including plans for a national digital asset reserve.
Gemini Slams CFTC’s 7-Year Lawfare Campaign In New Letter
Gemini accuses CFTC’s Division of Enforcement of a seven-year ‘trophy-hunting lawfare’ campaign, alleging fabricated claims and misuse of the Commodity Exchange Act, despite a $5 million settlement in 2025.
Spokane City Bans Bitcoin ATMs, 11,000 Complaints in 2024
Spokane bans Bitcoin ATMs due to 11,000 scam complaints in 2024, aiming to protect residents from fraud involving crypto kiosks.
