US Senate passes GENIUS stablecoin bill, advancing it to the House for final approval
The US Senate passed the GENIUS stablecoin bill, establishing federal rules for stablecoin issuers. It mandates asset backing, audits, and compliance, and now moves to the House for reconciliation with the STABLE Act.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The SEC is seeking public comments on Franklin Templeton’s proposed XRP and Solana ETFs, delaying a decision deadline by 35 days. The regulator has approved Bitcoin and Ether ETFs but remains undecided on other crypto assets.
Coinbase Seeks SEC Approval to Trade Blockchain-Based Stocks
Coinbase seeks SEC approval to trade blockchain-based stocks, aiming to offer tokenized equities and compete with traditional brokerages like Robinhood through 24/7 trading.
Coinbase Eyes SEC Green Light for Trading of Tokenized Stocks: Reuters – Decrypt
Coinbase seeks SEC approval to trade tokenized stocks, aiming to offer blockchain-based equities with lower costs and 24/7 trading, following a crypto-friendly shift under the new administration.
XRP News Today: XRP Bulls Ready for Takeoff as SEC and Ripple Hit Pause Button – Brave New Coin
Ripple and the SEC have requested a pause in legal proceedings until August 15, potentially marking a turning point in the XRP lawsuit. XRP derivatives show bullish sentiment, with price action hinting at a breakout.
Report: Libertarians Rally Behind Crypto Entrepreneur Roger Ver Before Midterms – Bitcoin News
Libertarians are supporting crypto entrepreneur Roger Ver, comparing his legal situation to Ross Ulbricht’s, to emphasize government overreach ahead of midterm elections.
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The GENIUS Act, a US stablecoin regulation bill, cleared a Senate procedural vote and faces a final decision before moving to the House of Representatives.
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
The GENIUS Act, a US stablecoin regulation bill, faces a key Senate vote. It aims to establish oversight, ensure 1:1 backing, and strengthen the dollar’s role in crypto, despite some opposition over safeguards.
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
Treasury Secretary Scott Bessent advocates for stablecoins as a tool to reduce federal borrowing costs, citing the GENIUS Act’s potential to boost the $3.7 trillion stablecoin market by 2030 with clear regulations.
Coinbase Seeking SEC Approval for Tokenized Stock Trading in Push To Compete With Robinhood: Report – The Daily Hodl
Coinbase is seeking SEC approval to offer tokenized stock trading, aiming to compete with platforms like Robinhood by enabling blockchain-based equities with 24/7 trading and lower costs.
