Senator Elizabeth Warren has criticized the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act due to the corruption claims surrounding Trump’s USD1 stablecoin.

Warren’s restrictive approach to stablecoins and crypto contrasts sharply with the Trump administration’s more crypto-friendly stance. Senator Elizabeth ... to the GENIUS Act, which aims ...

On Thursday, the Senate Banking Committee will mark up the bipartisan GENIUS Act (Guiding and Establishing ... Massachusetts Senator Elizabeth Warren, a staunch crypto skeptic, voiced concern ...

In a private meeting last week, Sen. Elizabeth Warren (D-Mass.) told her colleagues the GENIUS Act lacked guardrails against corruption. Schumer and Sen. Kirsten Gillibrand (D-N.Y.) jumped on as ...

Meta is re-evaluating its position in the stablecoin space after its first crypto venture, Libra, later rebranded as Diem, was shelved in 2022 under intense regulatory pressure. The renewed ...

The GENIUS Act creates a clear federal framework for ... On the other side, Senator Elizabeth Warren—long known for her tough stance on crypto—raised concerns about national security and ...

The Guiding and Establishing National Innovation for U.S. Stablecoins Act, called the GENIUS Act, took a major step toward becoming law this week after passing the Senate Banking Committee in a ...