Tag Archives: genius-act

Last week, President Donald Trump made dubious history when he signed legislation that gave a rubber stamp to companies — including some owned by his family — to issue their own digital currencies known as stablecoins. Never before has a president signed a bill that legalized his own hustle. Not …

The Senate is set to pass the GENIUS Act early next week, a controversial piece of cryptocurrency legislation that critics say will hand an undue amount of financial power to the tech industry. On its face the bill, which has advanced with bipartisan support, purports to offer a regulatory framework …