The Senate's decision to push forward landmark legislation on the regulation of "stablecoins"—cryptocurrencies whose value is pegged to another asset—could hold significant implications for the investors' portfolios and the wider crypto market,

Still, the bill is considered a major win for the crypto industry. The industry-backed bill would help protect consumers and set industry standards that could allow stablecoins to become mainstream for digital payments and other financial instruments, advocates say.

Stablecoin legislation advanced on the Senate floor Monday in an early win for the crypto industry, but the bill is expected to face a lengthy amendment process that will likely push a final vote

The GENIUS Act may pass the US Senate by May 26, setting regulatory clarity for stablecoins and accelerating institutional adoption of digital dollars.

Bitcoin is making headlines again as its price climbed to $107,960, marking a four-month high and placing it within reach of its previous all-time peak of $109,288 set in January. This latest surge comes amid renewed optimism fueled by the U.

A battle has erupted within the Senate Democratic Conference over a bipartisan bill that would pave the way for broader commercial acceptance of cryptocurrency assets known as stablecoins, which

The Cardano founder framed the announcement as part of a bigger shift happening in U.S. policy circles. "I’ve never seen a more pro-crypto composition with respect to the U.S. government," he told CNBC. "We finally have people to talk to."

The GENIUS Act passed a cloture vote Monday less than two weeks after failing one. The stablecoin bill now heads to a full floor vote.

Sen. Roger Marshall (R-KS) is gauging support for a bill that reins in credit card swipe fees, though he has not requested a vote as part of a major piece of banking legislation.

The GENIUS Act advanced in the Senate with a 66-32 vote after 16 Democrats changed their position. The bill had previously failed amid criticism that