What the Future Holds for Stablecoins After Senate Passes Genius Act

Jun 18, 07:01 AM

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Senators gave the go ahead to legislation called the Genius Act, which seeks to regulate the stablecoin industry. But some say the new rules don’t go far enough. WSJ Heard on the Street columnist Telis Demos explains what it all means. Plus, the conflict between Israel and Iran could spread beyond the physical battlefield. We hear from WSJ reporter James Rundle about growing cybersecurity concerns.

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Senators gave the go ahead to legislation called the Genius Act, which seeks to regulate the stablecoin industry. But some say the new rules don’t go far enough. WSJ Heard on the Street columnist Telis Demos explains what it all means. Plus, the conflict between Israel and Iran could spread beyond the physical battlefield. We hear from WSJ reporter James Rundle about growing cybersecurity concerns.


Sign up for the WSJ's free Technology newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices