July 18, 2025 2:12 PM
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US House passes Genius Act to regulate dollar-pegged stablecoins
The US House of Representatives has passed the Genesis Act, a bill to regulate US dollar-pegged stablecoins, and sent it to President Donald Trump, who is expected to sign it into law. The bill passed with bipartisan support, 308-122, and marks a major step for the crypto industry, which has long pu...