Coinbase Stock Pops as Senate Passes GENIUS Stablecoin Bill

Coinbase Global TodayCOINCoinbase Global$295.29 +41.44 (+16.32%) 52-Week Range$142.58▼$349.75P/E Ratio55.30Price Target$271.88Add to WatchlistExciting news just rose to the forefront for cryptocurrency stock Coinbase Global NASDAQ: COIN. On June 18, shares of Coinbase surged 16%. The United States government took an important step that benefits the firm’s future. The U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. Passed in a commanding 68 to 30 vote, ...