The GENIUS Act gives stablecoins real legal backing, paving the way for instant payments, lower fees, and a safer digital ...

There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...

The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and ...

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.

JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...

A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...

Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...

The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...

Citi’s CEO revealed this week that the multinational bank is considering developing a stablecoin for cross-border payments.

Under the plan, every time a consumer moves money from JPMorgan Chase to a crypto account or a third-party service like ...

Citigroup is looking into the possibility of launching its own stablecoin and tokenized deposit offerings. What does this ...