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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.
Cryptopolitan on MSN14h
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 ...
Axios on MSN15h
Senate passes GENIUS Act despite crypto corruption concernsThe Senate passed legislation to establish the first regulatory framework for stablecoins, capping prolonged, topsy-turvy ...
The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now ...
A majority of lawmakers in the US Senate voted in favor of the GENIUS Act to regulate stablecoins, marking a significant ...
As Eleanor Terrett reveals, the GENIUS Stablecoin Act is poised for US Senate passage on Tuesday, setting the stage for a ...
Democrat Elizabeth Warren has issued a stern warning regarding the GENIUS Act, claiming that stablecoins issued by tech ...
The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the ...
The GENIUS Act "makes it prohibitive for non-financial public companies to become stablecoin issuers," Bernstein said, noting ...
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