Weekly News, June 14-20, 2025

GENIUS Act: New law passes approval, set to make Stablecoin a part of the U.S. financial infrastructure.

A new bill called the GENIUS Act, recently approved by the U.S. Senate, is paving the way for financial institutions in the country to use Stablecoin more. This law aims to create a clear regulatory framework for Stablecoin collateralization and ensure compliance with Anti-Money Laundering (AML) laws. This development is a significant step in bringing Stablecoin into the mainstream financial system, especially for payments and settlements. If the GENIUS Act is fully approved by Congress, it could reinforce the role of Stablecoin in the U.S. financial infrastructure and encourage banks and other financial institutions to leverage these digital assets for more efficient cross-border transactions and 24/7 settlements.

Read the full article here: https://t.co/r82Je2Gq9k

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