White House pushes to bring stablecoin legislation to Senate floor next month
2025-03-25 10:01:01 Primitive Reading

　according to Crypto in America, the White House is actively pushing for the "GENIUS Act" to enter the Senate for review as soon as possible, and aims to be signed into law by President Trump within two months. The bill was approved by the Senate Banking Committee on March 13 by a vote of 18 to 6, establishing a regulatory framework for payment stablecoins pegged to the US dollar. The House version, the "STABLE Act," will begin consideration on April 2, with the White House hoping the Senate version will receive enough support to push the House to pass it directly, avoiding the legislative negotiation process.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

Amazon Finance
Voices from the Amazon rainforest
Recommended reading
Open interoperability framework Hyperlane launched on Soneium

10-22     admin     19959 Reading
Bloomberg: Altcoins Outperform Bitcoin Amid Broad Rally

10-22     admin     12529 Reading
Model shows US debt ceiling could be breached as early as mid-July

10-22     admin     9566 Reading
The U.S. SEC plans to establish a new presidential cryptocurrency working group 2.0 to further promote digital asset regulation

10-22     admin     10622 Reading
Redirecting Investment from Crypto to Stocks

10-22     admin     9623 Reading
Abu Dhabi’s ADGM Collaborates with Chainlink to Develop Compliant Tokenization Framework

10-22     admin     7990 Reading
Nostra: sSTRK and xSTRK price feed information is incorrect, which may cause the originally safe positions to be liquidated

10-22     admin     13577 Reading
Binance HODLer Airdrop Launches Particle Network (PARTI)

10-22     admin     12143 Reading
Sanctioned Russian Crypto Exchange Garantex May Change Its Name to Grinex

10-22     admin     6032 Reading
Barbados-based insurer Tabit raises $40 million in Bitcoin for insurance facility

10-22     admin     6777 Reading
CoinReg Tech proposes to the US SEC Cryptocurrency Working Group to revise the Exchange Act rules and other regulatory recommendations

10-22     admin     15209 Reading
OKX Wallet standalone app is now available on Google Play Store

10-22     admin     8860 Reading
Solana on-chain AI concept coin rebounds, BUZZ rises more than 36% in 24 hours

10-22     admin     7326 Reading
Ethereum spot ETF had a net outflow of $103 million last week, with BlackRock ETHA leading the outflow

10-22     admin     19976 Reading
Galaxy Digital withdraws 10,000 ETH from Binance, about 20.42 million US dollars

10-22     admin     16215 Reading

Copyright © Amazon Finance