U.S. Congress passes stablecoin bill

NAMPA / Xinhua
2025-07-18
NEW YORK, July 17 (Xinhua) -- The U.S. House of Representatives on Thursday passed a landmark bill on stablecoins after the Senate nodded the bill in June. With the name of Guiding and Establishing National Innovation for U.S. Stablecoins Act, or the GENIUS Act, the bill lays out standards for stablecoins, a kind of digital currency pegged to the U.S. dollar or other fiat currencies. The bill was passed 308 to 122 in the House with bipartis......
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SWAKOPMUND, 09 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

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