Superintelligent CEO supports GENIUS Act for stablecoin regulation, but concerned about combining bills

From Yahoo Finance: 2025-06-20 16:56:00

Superintelligent CEO Nathaniel Whittemore welcomes passage of the GENIUS Act for stablecoin regulation as “encouraging.” Concerns arise over combining the market structure bill with stablecoin bill, deemed a “disaster.” Circle (NYSE: CRCL) stock surges past $200 after GENIUS Act passage, trading at $241.80. Investors thirsty for stablecoins, fueling Circle’s rise.

Read more: Superintelligent CEO warns of complication ahead for crypto regulation