Stablecoin adoption among United States banks and financial institutions may accelerate following the passage of new legislation in the Senate.The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act passed the US Senate in

Today in crypto, the US Senate has passed the GENIUS stablecoin bill, marking a key step as the legislation moves to the House. Meanwhile, Thailand has suspended taxes on crypto income for the next five years, and Bitcoin returned gains amid rising t

Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional adoption of the world’s first cryptocurrency.Despite a previous ban on the Nasdaq-listed

Crypto perpetual futures contracts could receive regulatory approval in the US “very soon,” says outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger.Perpetual crypto futures “can come to market now,” Mersinger told Bloom

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing Natio

The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire.A key procedural vote on the G

An executive at major stablecoin issuer Circle denied reports that the company is looking to obtain a US federal bank charter.In an April 25 X post, Circle’s chief strategy officer and head of global policy, Dante Disparte, denied that the company is

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that

Under new SEC guidelines, stablecoins that meet certain criteria are considered ”non-securities” and are exempt from transaction reporting requirements, the United States Securities and Exchange Commission said in a notice published April 4. "Covered

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC.Speaking a

US Senator Bill Hagerty has introduced a bill to create a regulatory framework for stablecoins that would bring tokens such as Tether and USD Coin under Federal Reserve rules.The Tennesse Republican said in a Feb. 4 statement that the stablecoin bill

Following board restructuring, Genius Group’s plan includes holding 90% of its reserves in Bitcoin, mirroring MicroStrategy.

Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its prima

Singapore-based education technology company Genius Group Limited (NYSE American: GNS) has implemented a bold “Bitcoin-first” strategy, allocating Bitcoin as its primary treasury reserve asset. The decision, approved by the company’s restructured boa