#GENIUSACT News

Concerns over Trump's conflict of interest are slowing the progress of broader crypto policy

cryptoslate.com Discussions around the personal enrichment and potential conflict of interest arising from U.S. President Donald Trump’s crypto asset ventures gained steam over the past…

8 major crypto firms announce US expansion this year

cointelegraph.com Crypto services platform Nexo shared its plans to reenter the United States market on Monday, marking the eighth major crypto firm to announce such plans since US President…

Senate Democrats Block GENIUS Act in 49-48 Vote Over Trump's Ties to Binance

thedefiant.io Senate Democrats blocked the bipartisan GENIUS Act, aimed at regulating stablecoins, in a close 49-48 vote. The decision was influenced by concerns over President Donald…

Memecoin Controversy Will Help The Crypto Market

forbes.com Memecoins have been a part of the cryptoasset ecosystem virtually ever since the asset class achieved mass market awareness and appeal during 2017-2018. While most memecoin…

GENIUS Act Stalls in Senate as Democrats Cite AML and Oversight Shortcomings

beincrypto.com This week, the US Senate failed to move forward on a major stablecoin regulation bill called the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS…

Tether in the Clear? Yes, Under This New Republican-Led Senate Stablecoin Bill

unchainedcrypto.com Correction and updates, Saturday, May 10, 2025, 12:07pm ET: This article has been updated to state that a definition in the current form of the bill will not apply to DeFi.…

State of Crypto: Mapping Out the Senate Stablecoin Bill's Next Steps

coindesk.com House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a largely bipartisan effort to advance stablecoin…

US senators ask DOJ, Treasury to consider Binance-Trump ties

cointelegraph.com A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President…

Senator Tim Scott slams partisan politics for failed stablecoin bill

ecency.com Senator Tim Scott criticized partisan politics for the failure of the GENIUS Act, a bipartisan stablecoin bill, during a Senate speech on May 8. He blamed Democrats for…

Coinpedia Digest: This Week’s Crypto News Highlights

coinpedia.org The post Coinpedia Digest: This Week’s Crypto News Highlights | 10 May, 2025 appeared first on Coinpedia Fintech News I’m back with yet another crypto market round-up for…

Trump-Binance ties face scrutiny

ambcrypto.com Warren warns of corruption as Trump-linked ventures deepen involvement in digital assets. Fresh scrutiny has emerged over former President Donald Trump’s alleged ties to the…

Is Trump Protecting Binance? US Lawmakers Push DOJ for Clarity

coinpedia.org The post Is Trump Protecting Binance? US Lawmakers Push DOJ for Clarity appeared first on Coinpedia Fintech News Crypto is no longer just about money or tech anymore, it’s…

US Senators Criticize Democrats For ‘Partisan Politics’ Amid Stablecoins Bill Failure

bitcoinist.com On a negative development for the US crypto industry, the highly anticipated stablecoins legislation has failed to advance in the US Senate after not receiving enough…

What happened in crypto today

ambcrypto.com After enduring weeks of turbulence, the crypto market appears to be staging a solid comeback. Bitcoin [BTC] has once again surged past the $100,000 threshold, climbing to…

Why the Senate Stablecoin Bill Stalled & What It Means for Crypto

unchainedcrypto.com The crypto industry is fixated on the U.S. Senate. On Thursday, lawmakers failed to advance the GENIUS Act, the most significant federal stablecoin bill to date. But the…

As Meta Said to Mull Tokens, U.S. Senator Warren Calls for Blocking Big Tech Stablecoins

coindesk.com has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and…

Ripple CEO Slams 48-49 Senate Stall

cryptonews.com A razor-thin 48-49 Senate vote on Thursday torpedoed the GENIUS Act, and Ripple CEO Brad Garlinghouse says America just ceded the stablecoin race. He blasted lawmakers on X,…

Weekly Crypto Regulation News Roundup: Trump’s Crypto Links Spark Ethics Concerns, Stablecoin Framework in Limbo

cryptonews.com This week, digital assets, political ethics, and regulatory roadblocks collided, with developments involving President Donald Trump’s crypto affiliations, a stablecoin bill…

Scott Bessent Slams 48-49 Senate Snub

cryptonews.com Key Takeaways: Stablecoin regulation remains fractured following Senate rejection. Treasury Secretary warns that U.S. crypto dominance is at risk without the GENIUS Act.…

US Stablecoin Legislation Halts in Senate Amid Partisan Bickering

dailyhodl.com A bill designed to overhaul stablecoin regulation in the US halted in the Senate amid partisan negotiations. Senator Bill Hagerty (R-TN) introduced the Guiding and…

The U.S. Is Embracing Stablecoins. But Don’t Expect Yield

forbes.com The U.S. Senate voted against the GENIUS Act today, but bipartisan support for legislation of some kind remains strong. Many insiders think a law will pass before Trump’s…

Draws Mixed Reviews From Wall Street Analysts After Earnings Miss, Deribit Buy

coindesk.com Wall Street analysts passed mixed judgement on Coinbase (COIN) after its first-quarter earnings miss and a $2.9 billion acquisition, with some downgrading near-term…

Crypto bulls are back as XRP expected to quintuple

dlnews.com A version of this article appeared in our The Roundup newsletter on May 9. Sign up here. Hi! Eric here. Crypto bulls are back. After a rocky start to the year, market…

“It Was a Vote Against Trump”: Tim Scott Blames Democrats for Stablecoin GENIUS Act Failure

coinpedia.org The post “It Was a Vote Against Trump”: Tim Scott Blames Democrats for Stablecoin GENIUS Act Failure appeared first on Coinpedia Fintech News The U.S. just stumbled on what…

Coinbase Buys Deribit, Stripe’s Stablecoin Launch, and Ethereum’s Pectra Upgrade

dcs-spotify.megaphone.fm Gm! This week we're back with another weekly roundup. We discuss Coinbase's $3B acquisition of Deribit, Stripe's stablecoin launch, Ethereum's big pivot, will Meta launch a…

Ripple CEO warns of US falling behind without stablecoin regulation

cryptoslate.com Ripple CEO Brad Garlinghouse has called on US lawmakers to accelerate efforts to establish a clear regulatory framework for stablecoins. In a May 9 statement shared on…

XRP Price Rally Raises Questions About Market Integrity

coinpedia.org The post XRP Price Rally Raises Questions About Market Integrity appeared first on Coinpedia Fintech News The cryptocurrency market has once again defied expectations.…

Meta Reportedly Plans a Crypto Comeback with Stablecoin Focus

beincrypto.com Meta, the tech giant behind Facebook, is making bold moves signaling an ambitious return to the crypto space, specifically in the stablecoin sector, three years after…

GENIUS Act Stalls: Leaders Slam Senate Over Regulatory Gridlock on Stablecoins

coingape.com Stablecoin regulatory uncertainty has hit a fever pitch with the US Senate’s recent failure to advance the much-anticipated GENIUS Act. This development has sparked a fresh…

Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill

decrypt.co The Senate’s decision to block the GENIUS Act on Thursday drew immediate condemnation from Treasury Secretary Scott Bessent, who warned the vote could jeopardize the U.S.’s…

Stablecoin Bill Stalls in Senate as GOP Cries Foul Over Dem Resistance

unchainedcrypto.com The U.S. Senate came close to passing long-awaited stablecoin legislation this week — but ultimately, politics prevailed over policy. The Guiding and Establishing National…

U.S. Senate split on GENIUS Act

ambcrypto.com White House favors GENIUS Act to accelerate U.S. stablecoin regulation by August. Amid heightened tensions on Capitol Hill, the debate over stablecoin regulation in the U.S.…

Meta exploring stablecoin integration for payouts: Report

cointelegraph.com Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing…

GENIUS Act Stalls After 49

cryptonews.com The U.S. Senate failed to advance the GENIUS Act on Thursday in a nail-biting vote, marking a setback to establishing the first-ever set of payment stablecoin regulations.…

Why are Democrats quietly backing Trump’s controversial crypto plan?

ambcrypto.com Democrats slam Trump’s crypto ventures publicly, but some quietly support enabling legislation like the GENIUS Act • Political outrage may reflect partisan reflexes more…

Meta eyes stablecoins again as US regulatory landscape shifts

cryptobriefing.com Meta is exploring stablecoin integration into its platforms for global payouts, according to a Forbes report citing five people familiar with the matter. The tech giant is…

Stablecoin Legislation Suffers Severe Blow as GENIUS Act Fails to Pass Key Senate Vote

decrypt.co The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s chance of passage that may have further negative…

GENIUS Act stalls in Senate, lawmakers eye new proposal next week

cryptoslate.com The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote…

US Stablecoin bill blocked as Democrats withdraw support

cointelegraph.com The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8,…

Senate Fails Key Procedural Vote on GENIUS Act Stablecoin Bill, 48-49, Despite Support from Thune, Gallego, Warner

thedefiant.io The bipartisan GENIUS Act, a Senate bill aimed at regulating stablecoins, has faced intense negotiations and uncertainty ahead of a scheduled vote. Senate Democrats and…

Senate stablecoin bill fails to advance after Democrats balk at Trump’s crypto ‘conflicts’

dlnews.com In a major setback for crypto, the US Senate voted on Thursday to not advance a landmark stablecoin bill to potential passage after a number of Democrats balked at endorsing…

Breaking: US Senate Fails To Advance GENIUS Act

coingape.com In a massive development for the crypto industry, the US Senate has failed to advance the GENIUS Act to the floor of the House following a key procedural vote. Following…

Trump’s Crypto Ties Under Fire: Senate Democrat Launches Ethics Probe

bitcoinist.com Senator Richard Blumenthal (D-CT), ranking member of the Senate Permanent Subcommittee on Investigations, has initiated a preliminary inquiry into President Donald Trump’s…

Democrats May Have Guaranteed Success for the GENIUS Act Stablecoin Bill

beincrypto.com A group of pro-crypto Senate Democrats introduced an amendment to the GENIUS Act that is widely expected to fail—on purpose. The move appears designed to look like…

Senate Republicans Making Plea to Get on With Stablecoin Debate

coindesk.com The Senate's Republican majority leader, John Thune, took to the chamber floor on Thursday morning to make a case for moving forward with stablecoin legislation — marking…

Stablecoin Legislation Has Gone from ‘Slam Dunk’ to ‘at Risk’: Bitwise CIO

thedefiant.io Senate Republicans are racing to meet Democratic lawmakers’ demands for changes to the GENIUS Act before a procedural vote scheduled for later today, May 8. Bringing the…

How the Democrats’ Path to 2026 Victory Goes Through Decentralized Crypto

coindesk.com The latest Crypto-and-Congress news is all about the Senate Democrats getting cold feet on the stablecoin bill (the GENIUS Act). The same bill they voted for just two months…

Stablecoin bill heads toward dramatic vote as accusations fly over Trump’s crypto empire

dlnews.com A version of this story appeared in our The Guidance newsletter on May 8. Sign up here. Sixty votes. That’s what Senate Republicans need to muster on Thursday to move a…

Trump-Backed USD1 Becomes 5th Largest Stablecoin Ahead of GENIUS Act Vote

coingape.com Cryptocurrency has dominated headlines in recent months, and today, all eyes are on the U.S. Senate as the historic GENIUS Act heads to a floor vote. As the crypto community…

GENIUS Act Heads To Floor Vote Today Amid Backlash Against Trump’s Crypto Empire

coingape.com U.S. President Donald Trump’s much-talked-upon GENIUS Act is heading towards a final vote today. The bill, Guiding and Establishing National Innovation for U.S. Stablecoins…

Donald Trump Holds a Lot of Bitcoin, Reveals Eric Trump at TOKEN2049

coinpedia.org The post Donald Trump Holds a Lot of Bitcoin, Reveals Eric Trump at TOKEN2049 appeared first on Coinpedia Fintech News According to Bloomberg Reports, Speaking at the…

Senators Target Trump’s $2B Stablecoin Deal with New Crypto Ban Bill

99bitcoins.com Donald Trump’s foray into the world of crypto isn’t just making headlines in financial circles. It’s now lighting political fires on Capitol Hill. What started as a…