Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.

After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to floor debate, having already secured bipartisan Senate

President Donald Trump announced Tuesday evening that he reached a deal with Republican lawmakers to move a cryptocurrency bill forward in the House. Earlier that day, a dozen Republicans, among them House Freedom Caucus members and Rep.

If passed, the Crypto Week legislation could lead to new ways to use the currencies, corporate adoption, and institutional investment.

Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.

XRP jumps 6% after the House advances the GENIUS Act, boosting Ripple’s RLUSD strategy and bringing new regulatory clarity.

Crypto Week has seen U.S. lawmakers advance three key crypto bills, indicating a shift toward clear rules for stablecoins, tokens, and CBDCs.

Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.

The bipartisan passage of the GENIUS Act marked a watershed moment for American financial innovation, promising to close regulatory gaps,

Congress may pass the most consequential crypto law of the century this week. That’s bad news for one of DeFi’s murkiest gray areas, yield-bearing stablecoins, says Ben Nadareski, CEO & Co-Founder of Solstice Labs.