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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
US Senate approves GENIUS Act to regulate stablecoins; bill moves to house
In a significant development for the digital asset industry, the US Senate on Tuesday passed a bill aimed at creating a comprehensive regulatory framework for US dollar-pegged cryptocurrency tokens, commonly known as stablecoins.
Cryptopolitan on MSN9h
U.S. Senate passes the GENIUS Act on June 17 in a 68–30 voteOn June 17, the U.S. Senate approved the GENIUS Act by a 68-30 vote, marking the first major cryptocurrency bill to pass the ...
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a ...
Some in the party want to be leading the charge on policy for the quickly developing industry, while others are focused on ...
The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor ...
The U.S. Senate has advanced the GENIUS Act toward a final vote, bringing comprehensive stablecoin regulation closer to ...
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