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GENIUS Act

The recent surge in RESOLV prices coincides with the US Senate's approval of the GENIUS Act, potentially boosting DeFi projects.

Crypto expert David Sacks emphasizes the potential economic benefits of the GENIUS Act, linking it to vast increases in demand for U.S. Treasuries.

The Senate has successfully voted to advance a key piece of legislation regarding stablecoins, paving the way for its final approval.

The Senate Banking Committee is gearing up to vote on the GENIUS Act, which incorporates significant updates regarding stablecoins.

BlackRock is launching a revamped money market fund to cater to the stablecoin market, adhering to updated regulations.

The GENIUS Act aims to regulate stablecoins, potentially transforming issuers into key buyers of US Treasury bills.

Citi and Western Union spearhead the stablecoin initiatives on Wall Street, while Bitcoin miners and lenders adapt to evolving market conditions.

North Dakota plans to introduce Roughrider Coin, a stablecoin fully backed by the US dollar, in collaboration with Fiserv, aiming for a 2026 launch.

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