Yield-bearing crypto assets are poised to grow after regulatory clarity, the report says

Yield-bearing assets in the cryptocurrency market are expected to grow rapidly as institutional adoption accelerates following the passage of the GENIUS Act, blockchain company RedStone said in a report on Wednesday.The US has passed the GENIUS Act, a stablecoin law that creates a regulatory framework for dollar-pegged cryptocurrencies, creating a wave of interest-bearing stablecoins. However, […]

Just in: US Treasury Advances Genius Act, Bessent Flags Stablecoin Growth – Blockonomi

TLDR: Treasury has submitted a request to comment under the Genius Act to shape the Stablecoin Regulation in the United States. The law determines an extensive framework for Stablecoin expenditure, while it is in accordance with President Trump’s digital activist policy. Treasury is looking for input on AI, blockchain monitoring and identity verification for combating […]

Trump’s genius move: Donald Trump is calling for GOP to vote ‘yes’ for digital activation account; says ‘all part of Maga’ – Times of India

US President Donald Trump called on the Republicans to extend their full support to the Genius Act, a radical bill aimed at regulating stablecoins and claiming America’s dominance in the digital assets room.In a message on his social media platform Truth Social, Trump wrote: “Happy Crypto Week! The house will soon vote for a huge […]