US House passes stablecoin bill to regulate dollar-pegged cryptocurrencies Related news

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WASHINGTON  The US House of Representatives passed a bill Thursday establishing new rules for dollar-backed stablecoins, sending it to President Donald Trump, who is expected to sign it into law. The bill, called the GENIUS Act, passed with strong bipartisan support in a 308-122 vote. The House also passed the broader CLARITY Act, aimed at regulating the wider crypto market. That bill passed 294-134 and now heads to the Senate.

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US House poised to send stablecoin bill to Trump after 'crypto week' drama https://www.channelnewsasia.com/ - 17.07.2025 18:23