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Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
13hon MSN
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
Tether issues 2 billion USDT, sparking concerns amid U.S. regulatory threats like the GENIUS Act. Will tighter audits impact ...
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
13hon MSN
The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17.
To be sure, the road to the passage of the three bills was not smooth, since 12 hardliners scuttled a procedural vote on the ...
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.
Tether has minted 160 billion USDT tokens, but upcoming regulations and a shaky Bitcoin market may signal potential instability.
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