That’s Genius! House of Representatives Passes GENIUS Act of 2025
By: Keri E. Riemer and Richard F. Kerr
On 17 July 2025, the US House of Representatives passed the Guiding and Establishing National Innovation for US Stablecoins of 2025, or the GENIUS Act of 2025. The bill establishes a regulatory framework for payment stablecoins (i.e., digital assets which an issuer must redeem for a fixed monetary value).
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