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GENIUS Act Gains Steam as Senate Pushes it Forward

TheNewsCrypto LogoTheNewsCrypto20h ago

GENIUS Act Gains Steam as Senate Pushes it Forward - TheNewsCrypto

Quick Summary:

Stablecoin regulation has gained momentum after President Donald Trump stressed its importance several times.

The President and other government officials, such as David Sacks, believe that US Dollar-backed stablecoins hold the potential to increase dollar dominance across the globe.

The advancement of the GENIUS Act bill passed one of the steps and entered the final passage.


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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 05:26:57 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28869955

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 37 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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The story "GENIUS Act Gains Steam as Senate Pushes it Forward" has 360 words across 31 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "GENIUS Act Gains Steam as Senate Pushes it Forward" was covered 20 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 37 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #28869955
  • URL: https://hazlitt.beamstart.com/news/genius-act-gains-steam-as-17477342713405

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