Coinbase and Circle are soaring after a key stablecoin bill cleared the Senate—but Fed rate cuts could test their biggest ...

Key Points The Senate has passed a consequential bill regarding cryptos and stablecoins. Card-issuing companies have seen ...

Shares of Coinbase Global surged to lead S&P 500 gainers Wednesday, a day after the Senate passed the GENIUS Act to set up federal boundaries for the use of stablecoins.

Coinbase and Circle rallied on Wednesday after the Senate passed the GENIUS Act, a bill that would legitimize U.S.

The landmark legislation triggered significant market reactions, with Coinbase Global (NASDAQ: COIN) surging 10.57% to $280.67 and Circle Internet Group (NASDAQ: CRCL) experiencing an extraordinary 18 ...