South Korea and the U.S. are moving forward with landmark legislation regulating stablecoins. The U.S. proposes a dual ...

South Korea leads the US in crypto regulation with a stablecoin legalization proposal put forward by Lee Jae-myung's ...

Conversely, South Korea’s Digital Asset Basic Act, championed by President Lee Jae-myung, adopts a more sweeping approach. It ...

A major legislative initiative by South Koreas Democratic Party to regulate digital asset service providers, cryptocurrencies, and stablecoins has been launched with the implementation of a Digital ...

Cloture is a key step in the Senate’s process. By invoking cloture, lawmakers limit further debate and prepare to move directly to a final vote on the bill.

South Korea’s Digital Asset Basic Act sets stablecoin rules, boosts crypto oversight, and supports a Korean won-based digital ...

A South Korean lawmaker has introduced a new stablecoin bill, which aims to improve the crypto landscape in the region.

The Senate voted 66-22 to advance the measure late Monday. The Senate voted 66-22 late Monday to advance the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill faced some ...

The GENIUS Act, officially the Guiding and Establishing National Innovation for U.S. Stablecoins Act, passed a key procedural hurdle in the Senate on May 19. The bipartisan vote limits debate on ...

Moreover, because the U.S. dollar is the global reserve currency and is involved in almost 90% of foreign exchange transactions, the Genius Act will encourage global use of U.S. stablecoins.

While the GENIUS Act is a stablecoin bill, U.S.-based Bitcoin enthusiasts should be paying attention to the language in the bill as it pertains to the ability to transact privately with crypto ...