Stablecoin regulation remains fractured following Senate rejection. Treasury Secretary warns that U.S. crypto dominance is at risk without the GENIUS Act. Democrats sank the bill over AML and national ...

Senator Tim Scott, as Chairman of the Senate Banking Committee, has positioned the United States as a global leader in digital asset innovation through his advocacy for the Guiding and Establishing ...

Treasury Secretary Scott Bessent backed the implementation of the GENIUS Act on Monday, also known as the stablecoin bill, citing its potential to secure “American leadership” in digital assets.

Senator Tim Scott said on Thursday night that Democrats who voted against the GENIUS Act should expect “painful” political consequences. He made the statement after the crypto bill failed in the US ...