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MainNewsThe GENIUS A...

The GENIUS Act Final Decision: How Will it Affect the Crypto Market


by Ikemefula Aruogu
for CoinEdition
A news report on two major catalysts for the crypto market: a U.S. Senate vote on a stablecoin bill and a Federal Reserve meeting
  • The Senate will vote on the GENIUS Act this Tuesday.
  • Analysts think the GENIUS Act will boost regulatory clarity in the crypto industry.
  • The Fed’s interest rate decision comes out this Wednesday.

The US Senate will vote on the final passage of the GENIUS Act this Tuesday, and a crypto analyst thinks it could trigger a massive breakout in the cryptocurrency market. 

According to the analyst, the timing of the Senate process is critical, considering the prevailing crypto market condition that sees the total digital assets market cap almost set for a significant surge.

Final Senate Vote on “GENIUS Act” Stablecoin Bill This Week

For context, the GENIUS Act aims to regulate payment stablecoins in the US by establishing a federal framework and enhancing consumer protection. Most crypto users believe passing the GENIUS Act bill will provide more regulatory clarity for the c…

The post The GENIUS Act Final Decision: How Will it Affect the Crypto Market appeared first on Coin Edition.

Read the article at CoinEdition

Read More

China’s Central Bank Governor Says Blockchain Speeds Up Stablecoin, Payment Innovation

China’s Central Bank Governor Says Blockchain Speeds Up Stablecoin, Payment Innovation

The governor of the People’s Bank of China (PBOC), Pan Gongsheng, delivered a powerfu...
U.S. Senate Passes the “GENIUS Act” Stablecoin Bill in a 68–30 Bipartisan Vote

U.S. Senate Passes the “GENIUS Act” Stablecoin Bill in a 68–30 Bipartisan Vote

The U.S. Senate has passed the Guiding and Establishing National Innovation for US St...
MainNewsThe GENIUS A...

The GENIUS Act Final Decision: How Will it Affect the Crypto Market


by Ikemefula Aruogu
for CoinEdition
A news report on two major catalysts for the crypto market: a U.S. Senate vote on a stablecoin bill and a Federal Reserve meeting
  • The Senate will vote on the GENIUS Act this Tuesday.
  • Analysts think the GENIUS Act will boost regulatory clarity in the crypto industry.
  • The Fed’s interest rate decision comes out this Wednesday.

The US Senate will vote on the final passage of the GENIUS Act this Tuesday, and a crypto analyst thinks it could trigger a massive breakout in the cryptocurrency market. 

According to the analyst, the timing of the Senate process is critical, considering the prevailing crypto market condition that sees the total digital assets market cap almost set for a significant surge.

Final Senate Vote on “GENIUS Act” Stablecoin Bill This Week

For context, the GENIUS Act aims to regulate payment stablecoins in the US by establishing a federal framework and enhancing consumer protection. Most crypto users believe passing the GENIUS Act bill will provide more regulatory clarity for the c…

The post The GENIUS Act Final Decision: How Will it Affect the Crypto Market appeared first on Coin Edition.

Read the article at CoinEdition

Read More

China’s Central Bank Governor Says Blockchain Speeds Up Stablecoin, Payment Innovation

China’s Central Bank Governor Says Blockchain Speeds Up Stablecoin, Payment Innovation

The governor of the People’s Bank of China (PBOC), Pan Gongsheng, delivered a powerfu...
U.S. Senate Passes the “GENIUS Act” Stablecoin Bill in a 68–30 Bipartisan Vote

U.S. Senate Passes the “GENIUS Act” Stablecoin Bill in a 68–30 Bipartisan Vote

The U.S. Senate has passed the Guiding and Establishing National Innovation for US St...