Circle’s Dante Disparte says the GENIUS Act includes a “Libra clause” that prevents non-banks and major lenders from issuing stablecoins without strict oversight.

Tether USDT compliance with the US GENIUS Act confirmed by CEO Paolo Ardoino, signaling major changes for stablecoins in the U.S. regulatory landscape.

This bill is now on President Trump’s desk, making it the first major piece of crypto-focused legislation on track to become US law.

The House of Representatives today approved GENIUS, clearing the way for stablecoin act to go to President Trump for signature. It also passed CLARITY market structure legislation, sending it to the Senate.

The new XRP regulation in the USA brings clarity to crypto markets as Ripple celebrates a legal breakthrough and XRP hits a new all-time high.

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

The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.

House Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,