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Posted: 2025-04-30 04:42:33 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-30 04:42:48 UTC
Verified By
Rollup News
The U.S. Senate is set to vote in May on the GENIUS Act, which aims to regulate stablecoins by setting reserve requirements and oversight rules to balance innovation with consumer protection.
Stablecoin regulation
Consumer protection
Innovation in financial technology
Oversight rules
Reserve requirements
Balancing innovation with consumer protection
Establishing effective oversight rules
Defining appropriate reserve requirements