tldr; Coinbase and Circle shares surged significantly after US lawmakers advanced the GENIUS Act, signaling support for clearer stablecoin regulation. Coinbase’s stock rose 16.32% to $295.29, while Circle’s increased 33.82% to $199.59 following the Senate’s 68-30 vote in favor of the bill. The legislation, introduced by Senator Bill Hagerty, aims to provide regulatory clarity for stablecoins, boosting investor confidence in crypto-related assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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And then we get positive bitcoin regulatory news and it goes down 😂
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tldr; Coinbase and Circle shares surged significantly after US lawmakers advanced the GENIUS Act, signaling support for clearer stablecoin regulation. Coinbase’s stock rose 16.32% to $295.29, while Circle’s increased 33.82% to $199.59 following the Senate’s 68-30 vote in favor of the bill. The legislation, introduced by Senator Bill Hagerty, aims to provide regulatory clarity for stablecoins, boosting investor confidence in crypto-related assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
And then we get positive bitcoin regulatory news and it goes down 😂
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