GENIUS Act clears Senate motion, House lawmakers reintroduce Blockchain Certainty Act
US lawmakers made efforts to advance crypto regulation in the country on May 21.
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Coinbase is under regulatory and public fire for the recent data breach as its response and user agreement updates are questioned.
Following the Senate vote, the legislation will be sent to Governor Greg Abbott's desk for his final approval before it can become law.
The landmark bill introduces a licensing regime for stablecoin issuers, enhancing confidence and compliance in Hong Kong's digital asset landscape.
Institutional investors and regulatory developments fuel Bitcoin rally as it breaks new all-time high of $109,476.
Liquidity has poured into Solana protocols like Raydium and Kamino, lifting DeFi participation to multi-month highs.
Texas legislature amended the Bitcoin reserve bill to set a stricter criteria for other digital asset inclusion.