Suche
Mein Konto
Republicans demand Thursday vote on GENIUS Act: Federal rules for stablecoins despite losing key Democratic support.
Republicans push for vote on GENIUS Act to regulate stablecoins A vote is scheduled on Thursday on the GENIUS Act, which aims to establish federal regulations for stablecoins. Despite the push, Republicans face losing significant support from the Democratic side. Stablecoins, digital currencies tied to stable assets such as the US dollar, are becoming increasingly important in the financial sector. Regulating these digital currencies could help create uniform standards and promote trust among both consumers and investors. The discussion about the GENIUS law highlights the different views between the political camps, ...
Republicans demand Thursday vote on GENIUS Act: Federal rules for stablecoins despite losing key Democratic support.
Republicans push for vote on GENIUS Act to regulate stablecoins
A vote on the GENIUS Act is scheduled for Thursday, which aims to establish nationwide regulations for stablecoins. Despite the push, Republicans face losing significant support from the Democratic side.
Stablecoins, digital currencies tied to stable assets such as the US dollar, are becoming increasingly important in the financial sector. Regulating these digital currencies could help create uniform standards and promote trust among both consumers and investors.
The discussion around the GENIUS Act highlights the different views between the political camps, particularly with regard to the supervision and regulatory framework for digital currencies. While Republicans support the development of stablecoins to promote innovation and competitiveness, some Democrats are concerned about potential risks and the need for consumer protections in this emerging field.
Although Democratic support for the bill is waning, it remains to be seen whether Republicans can muster enough votes to make the proposal a reality. The results of this vote could have significant implications for the future of stablecoins and their regulation in the US.