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GENIUSAct

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🚨 US Senate To Pass Historic GENIUS Act Next Week, Says Senator Bill Hagerty 🚨 As the US Senate’s failure to advance the historic stablecoin bill, the GENIUS Act, has increasingly sparked criticism, Senator Bill Hagerty fuels optimism. In a recent X post, Hagerty claims that the Senate will pass the bill by next week. “Next week, the Senate will make history when we pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” states Bill Hagerty. According to Senator Bill Hagerty, a top proponent of the GENIUS Act, the US Senate is poised to pass the stablecoin bill next week. Senator Hagerty’s statement comes amid increasing uncertainty surrounding the future of stablecoins in the country. For instance, pro-XRP lawyer John Deaton raised concerns over the potential delay in the crypto reform until 2029 if the GENIUS Act stalls. Further, Bill Hagerty underscored the potential benefits of the stablecoin bill. Hagerty believes that the bill will establish a regulatory framework for payment stablecoins, maintaining the US dollar’s global dominance in the digital economy. Thus, the bill seeks to safeguard customers and promote trust in digital assets. In addition, the stablecoin bill could also drive demand for US Treasury securities, supporting the country’s financial stability. It also ensures that innovation in this space remains in the hands of US entities, rather than foreign adversaries. #US #GENIUSAct #BILL #CryptoRegulation #regulatory
🚨 US Senate To Pass Historic GENIUS Act Next Week, Says Senator Bill Hagerty 🚨

As the US Senate’s failure to advance the historic stablecoin bill, the GENIUS Act, has increasingly sparked criticism, Senator Bill Hagerty fuels optimism.

In a recent X post, Hagerty claims that the Senate will pass the bill by next week.

“Next week, the Senate will make history when we pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” states Bill Hagerty.

According to Senator Bill Hagerty, a top proponent of the GENIUS Act, the US Senate is poised to pass the stablecoin bill next week.

Senator Hagerty’s statement comes amid increasing uncertainty surrounding the future of stablecoins in the country.

For instance, pro-XRP lawyer John Deaton raised concerns over the potential delay in the crypto reform until 2029 if the GENIUS Act stalls.

Further, Bill Hagerty underscored the potential benefits of the stablecoin bill.

Hagerty believes that the bill will establish a regulatory framework for payment stablecoins, maintaining the US dollar’s global dominance in the digital economy.

Thus, the bill seeks to safeguard customers and promote trust in digital assets.

In addition, the stablecoin bill could also drive demand for US Treasury securities, supporting the country’s financial stability.

It also ensures that innovation in this space remains in the hands of US entities, rather than foreign adversaries.

#US #GENIUSAct #BILL #CryptoRegulation #regulatory
🚨 GENIUS Act Set for Historic Senate Vote Next Week 🏛 Senator Bill Hagerty has announced that the U.S. Senate is poised to pass the GENIUS Act — a groundbreaking bill aimed at establishing the first pro-growth regulatory framework for payment stablecoins. 💵 Designed to reinforce the U.S. dollar's global dominance, this move could mark a pivotal shift in how America embraces digital assets and blockchain innovation. 🌐 If passed, it could be a defining moment for the future of stablecoin regulation and U.S. leadership in Web3. #Stablecoins #Crypto #GENIUSAct #Blockchain
🚨 GENIUS Act Set for Historic Senate Vote Next Week

🏛 Senator Bill Hagerty has announced that the U.S. Senate is poised to pass the GENIUS Act — a groundbreaking bill aimed at establishing the first pro-growth regulatory framework for payment stablecoins.

💵 Designed to reinforce the U.S. dollar's global dominance, this move could mark a pivotal shift in how America embraces digital assets and blockchain innovation.

🌐 If passed, it could be a defining moment for the future of stablecoin regulation and U.S. leadership in Web3.

#Stablecoins #Crypto #GENIUSAct #Blockchain
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The US is preparing federal legislation for stablecoins: what does the GENIUS Act mean for the crypto industryIn 2025, the US is taking a confident step towards full regulation of digital assets. The Senate is considering a key piece of legislation — the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), which could become the first major regulatory act governing stablecoins at the federal level.

The US is preparing federal legislation for stablecoins: what does the GENIUS Act mean for the crypto industry

In 2025, the US is taking a confident step towards full regulation of digital assets. The Senate is considering a key piece of legislation — the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), which could become the first major regulatory act governing stablecoins at the federal level.
DTCC's latest pilot says stablecoins are perfect for real-time collateral management — replacing slow, manual processes with smart contracts. “They simplify everything from repos to derivatives,” said DTCC’s Joseph Spiro at Consensus 2025. Meanwhile, U.S. lawmakers push the GENIUS Act to regulate stablecoin issuers, but the bill stalled due to lack of support. Why it matters: – Faster settlements – More transparent loans – TradFi integration is accelerating NCUA’s Kyle Hauptman adds: “Stablecoins make loans more liquid, even in small amounts.” Are stablecoins finally going mainstream? Follow for more. 👇 #Stablecoins #GENIUSAct #TradFi #CryptoNews #DeFiIntegration
DTCC's latest pilot says stablecoins are perfect for real-time collateral management — replacing slow, manual processes with smart contracts.

“They simplify everything from repos to derivatives,” said DTCC’s Joseph Spiro at Consensus 2025.

Meanwhile, U.S. lawmakers push the GENIUS Act to regulate stablecoin issuers, but the bill stalled due to lack of support.

Why it matters:
– Faster settlements
– More transparent loans
– TradFi integration is accelerating

NCUA’s Kyle Hauptman adds:

“Stablecoins make loans more liquid, even in small amounts.”

Are stablecoins finally going mainstream?

Follow for more. 👇
#Stablecoins #GENIUSAct #TradFi #CryptoNews #DeFiIntegration
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The Collapse of the GENIUS Act on Stablecoins: What Will Happen to Crypto in the U.S.?The GENIUS Act – a critical stablecoin bill in the U.S. – is at risk of being scrapped after the Senate failed to pass a crucial vote. Is this the end for the crypto industry in Washington? Let's analyze in detail. GENIUS Act: A Missed Golden Opportunity? The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'

The Collapse of the GENIUS Act on Stablecoins: What Will Happen to Crypto in the U.S.?

The GENIUS Act – a critical stablecoin bill in the U.S. – is at risk of being scrapped after the Senate failed to pass a crucial vote. Is this the end for the crypto industry in Washington? Let's analyze in detail.

GENIUS Act: A Missed Golden Opportunity?

The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'
Proposed GENIUS Act Targets Stablecoin Regulation and Big Tech Overview: A draft of the GENIUS Act—aimed at tightening regulations around stablecoin issuance and the role of tech giants—has surfaced, signaling a major potential shift in U.S. crypto policy. Key Provisions: 1. Ban on Misleading Claims Stablecoin issuers would be prohibited from implying FDIC insurance or using terms suggesting U.S. government affiliation. 2. Tech Giants Barred from Issuance Non-financial companies such as Meta and Google would be restricted from issuing stablecoins, reinforcing the separation of banking and commerce. 3. Stronger Oversight & Ethics Rules Expanded enforcement authority to penalize violations. Broader ethical scrutiny over special government employees—explicitly citing Elon Musk. Why It Matters: This act could reshape stablecoin policy in the U.S., reducing the influence of tech conglomerates and increasing consumer protection and regulatory clarity in the digital asset ecosystem. #Stablecoins #GENIUSAct #CryptoRegulationBattle #defi #ElonMusk. $BTC
Proposed GENIUS Act Targets Stablecoin Regulation and Big Tech

Overview:
A draft of the GENIUS Act—aimed at tightening regulations around stablecoin issuance and the role of tech giants—has surfaced, signaling a major potential shift in U.S. crypto policy.

Key Provisions:
1. Ban on Misleading Claims
Stablecoin issuers would be prohibited from implying FDIC insurance or using terms suggesting U.S. government affiliation.

2. Tech Giants Barred from Issuance
Non-financial companies such as Meta and Google would be restricted from issuing stablecoins, reinforcing the separation of banking and commerce.

3. Stronger Oversight & Ethics Rules
Expanded enforcement authority to penalize violations.
Broader ethical scrutiny over special government employees—explicitly citing Elon Musk.

Why It Matters:
This act could reshape stablecoin policy in the U.S., reducing the influence of tech conglomerates and increasing consumer protection and regulatory clarity in the digital asset ecosystem.
#Stablecoins #GENIUSAct #CryptoRegulationBattle #defi #ElonMusk. $BTC
🚨#GENIUSACT UPDATE: MAY PASS BY MEMORIAL DAY, SAY U.S. SENATORS 🔹Senators Lummis & Gillibrand expect stablecoin bill (GENIUS Act) by May 26 🔹House Chair Hill sees crypto bills signed before August recess 🔹New draft includes consumer & bankruptcy protections 🔹Senate timing depends on Trump team confirmations 🔹Bipartisan support emphasized Source: Ledger Insights $BTC $ETH $XRP
🚨#GENIUSACT UPDATE:
MAY PASS BY MEMORIAL DAY, SAY U.S. SENATORS

🔹Senators Lummis & Gillibrand expect stablecoin bill (GENIUS Act) by May 26

🔹House Chair Hill sees crypto bills signed before August recess

🔹New draft includes consumer & bankruptcy protections

🔹Senate timing depends on Trump team confirmations

🔹Bipartisan support emphasized

Source: Ledger Insights

$BTC $ETH $XRP
🚨 $XRP Lawyer John Deaton Warns: Stablecoin Bill May Be Delayed Until 2029 🏛 Deaton says Senate inaction on the GENIUS Act could stall stablecoin regulation — and broader crypto reform — for years. ⚖️ He echoes Messari’s Ryan Selkis in urging lawmakers to act fast. 🇺🇸 With stablecoins at the core of digital finance, this delay could have major implications for U.S. crypto leadership. #Crypto #Stablecoins #XRP #GENIUSAct #Blockchain
🚨 $XRP Lawyer John Deaton Warns: Stablecoin Bill May Be Delayed Until 2029

🏛 Deaton says Senate inaction on the GENIUS Act could stall stablecoin regulation — and broader crypto reform — for years.

⚖️ He echoes Messari’s Ryan Selkis in urging lawmakers to act fast.

🇺🇸 With stablecoins at the core of digital finance, this delay could have major implications for U.S. crypto leadership.

#Crypto #Stablecoins #XRP #GENIUSAct #Blockchain
🚨#GENIUSACT AIMS TO SECURE 🇺🇸U.S. FINANCIAL FUTURE: DIGITAL DOLLAR PUSH 🔹Bo Hines: #Executive Director of U.S. Digital Asset Committee supports GENIUS Act. 🔹Goals: Reinforce dollar dominance, modernize payment systems, and lower costs. 🔹Stablecoins: Positioned as key to transparent, fast financial infrastructure. 🔹Outlook: U.S. aims to lead global digital finance transformation. 🔹Vote: Final congressional vote on the GENIUS Act set for May 19. $BTC $ETH
🚨#GENIUSACT AIMS TO SECURE 🇺🇸U.S. FINANCIAL FUTURE: DIGITAL DOLLAR PUSH

🔹Bo Hines: #Executive Director of U.S. Digital Asset Committee supports GENIUS Act.

🔹Goals: Reinforce dollar dominance, modernize payment systems, and lower costs.

🔹Stablecoins: Positioned as key to transparent, fast financial infrastructure.

🔹Outlook: U.S. aims to lead global digital finance transformation.

🔹Vote: Final congressional vote on the GENIUS Act set for May 19.

$BTC $ETH
🚨🇺🇸U.S. SENATE TO VOTE ON LANDMARK STABLECOIN #GENIUSACT MAY 19 🔹GENIUS Act final #vote set for May 19. 🔹Stablecoin issuers >$10B to be regulated by the Fed; smaller ones by states. 🔹Stablecoins must be fully backed (USD or Treasuries). 🔹New clauses: ban Big Tech from finance, enhance consumer & official oversight. 🔹First major U.S. stablecoin regulation if passed. $BTC $ETH
🚨🇺🇸U.S. SENATE TO VOTE ON LANDMARK STABLECOIN #GENIUSACT MAY 19

🔹GENIUS Act final #vote set for May 19.

🔹Stablecoin issuers >$10B to be regulated by the Fed; smaller ones by states.

🔹Stablecoins must be fully backed (USD or Treasuries).

🔹New clauses: ban Big Tech from finance, enhance consumer & official oversight.

🔹First major U.S. stablecoin regulation if passed.

$BTC $ETH
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Experts examined the updated GENIUS bill: Tether and the DeFi sector will fall under U.S. jurisdiction#CryptoNewss A new version of the GENIUS Act (S. 1582) has been published in the U.S. Senate, significantly expanding the jurisdiction of American financial regulation concerning foreign stablecoin issuers. According to the document, companies like Tether will be required to comply with local laws if they provide services to users from the U.S.—regardless of the country of registration.@CryptoSandra

Experts examined the updated GENIUS bill: Tether and the DeFi sector will fall under U.S. jurisdiction

#CryptoNewss A new version of the GENIUS Act (S. 1582) has been published in the U.S. Senate, significantly expanding the jurisdiction of American financial regulation concerning foreign stablecoin issuers. According to the document, companies like Tether will be required to comply with local laws if they provide services to users from the U.S.—regardless of the country of registration.@Cryptoland_8
🇺🇸 What’s Going On with U.S. Crypto Laws? #CryptoRegulation #GENIUSAct #CryptoPolitics The U.S. just hit pause on a major crypto law — the GENIUS Act. Why? Well… politics. Yep, even in crypto. 👀 Turns out former President Trump is tied to a new meme coin and a stablecoin, and that’s got lawmakers nervous. Some are worried about conflicts of interest and not enough anti-money laundering rules in the bill. So for now… no new law. Just more debates and delays. But here’s the thing: ✅ Clear regulation = better innovation ✅ Safety + freedom can co-exist ✅ The world is watching what the U.S. does next The fight for fair, smart crypto rules is far from over. Let’s stay informed and keep building — with or without them.
🇺🇸 What’s Going On with U.S. Crypto Laws?
#CryptoRegulation #GENIUSAct #CryptoPolitics

The U.S. just hit pause on a major crypto law — the GENIUS Act.
Why? Well… politics. Yep, even in crypto.

👀 Turns out former President Trump is tied to a new meme coin and a stablecoin, and that’s got lawmakers nervous.
Some are worried about conflicts of interest and not enough anti-money laundering rules in the bill.

So for now… no new law.
Just more debates and delays.

But here’s the thing:
✅ Clear regulation = better innovation
✅ Safety + freedom can co-exist
✅ The world is watching what the U.S. does next

The fight for fair, smart crypto rules is far from over.
Let’s stay informed and keep building — with or without them.
See original
Stablecoin Bill Fails in Key Vote in the U.S. SenateOn May 8, 2025, the GENIUS Act stablecoin bill failed to secure the necessary 60 votes in the U.S. Senate, receiving 48 'for' and 49 'against'. The document was intended to regulate stablecoin issuers but faced resistance from some Democrats who demanded stricter measures against money laundering and oversight of foreign issuers. Even among Republicans, there was no unity: Senators Rand Paul and Josh Hawley opposed it, fearing excessive regulation and market monopolization. Majority Leader John Thune changed his vote to 'against', preserving the chance for a reconsideration. The failure of the vote creates uncertainty for the crypto market, which was awaiting clear rules. Negotiations are ongoing, but without a compromise, the passage of the GENIUS Act in 2025 seems unlikely. Stay tuned for news from the crypto industry, subscribe to #MiningUpdates

Stablecoin Bill Fails in Key Vote in the U.S. Senate

On May 8, 2025, the GENIUS Act stablecoin bill failed to secure the necessary 60 votes in the U.S. Senate, receiving 48 'for' and 49 'against'. The document was intended to regulate stablecoin issuers but faced resistance from some Democrats who demanded stricter measures against money laundering and oversight of foreign issuers. Even among Republicans, there was no unity: Senators Rand Paul and Josh Hawley opposed it, fearing excessive regulation and market monopolization. Majority Leader John Thune changed his vote to 'against', preserving the chance for a reconsideration. The failure of the vote creates uncertainty for the crypto market, which was awaiting clear rules. Negotiations are ongoing, but without a compromise, the passage of the GENIUS Act in 2025 seems unlikely. Stay tuned for news from the crypto industry, subscribe to #MiningUpdates
🚨$TRUMP ADVISOR #SLAMS SENATE FOR BLOCKING #GENIUSACT 🔹Bo Hines criticizes Senate for failing to pass the GENIUS Act. 🔹Claims Democrats hindered fintech progress and innovation. 🔹Bill aimed to modernize payments and reinforce U.S. digital leadership. 🔹Missed chance for regulatory clarity in digital assets. $BTC $ETH
🚨$TRUMP ADVISOR #SLAMS SENATE FOR BLOCKING #GENIUSACT

🔹Bo Hines criticizes Senate for failing to pass the GENIUS Act.

🔹Claims Democrats hindered fintech progress and innovation.

🔹Bill aimed to modernize payments and reinforce U.S. digital leadership.

🔹Missed chance for regulatory clarity in digital assets.
$BTC $ETH
Ek San
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🚨🇺🇸GENIUS ACT UNDER REVIEW: CØINBASE CEO PUSHES FOR AMENDMENTS

🔹Brian Armstrong calls U.S. Senate #vote on stablecoin bill “just round one”

🔹concern: Bill bans interest income from stablecoins — needs revision

🔹Next step: New vote expected early next week

🔹Potential: Armstrong hints GENIUS Act could reach presidential desk with bipartisan support

🔹Impact: Cites 52 million U.S. crypto holders watching legislative progress closely

$ETH


$USDC
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The GENIUS Act, a key bill on stablecoins in the U.S., failed in a crucial Senate vote. ⚫ The latest version of the bill was presented without Democratic participation. ⚫ Recent comments from Trump in favor of cryptocurrencies sparked backlash, with Democrats citing a conflict of interest. ⚫ As a result, the bill's chances — and those of other cryptocurrency legislation — have significantly decreased. ⚫ A new vote is scheduled for Monday, but the outlook remains uncertain. #GENIUSAct $BTC
The GENIUS Act, a key bill on stablecoins in the U.S., failed in a crucial Senate vote.

⚫ The latest version of the bill was presented without Democratic participation.
⚫ Recent comments from Trump in favor of cryptocurrencies sparked backlash, with Democrats citing a conflict of interest.
⚫ As a result, the bill's chances — and those of other cryptocurrency legislation — have significantly decreased.
⚫ A new vote is scheduled for Monday, but the outlook remains uncertain.
#GENIUSAct
$BTC
🚨 GENIUS Act Stalls — Stablecoin Regulation in Limbo ⚖️ Regulatory uncertainty is peaking as the US Senate fails to move forward with the GENIUS Act. 🏛 Key voices like Scott Bessent, Senator Cynthia Lummis, and John Deaton are calling out the inaction, warning that the U.S. risks falling behind in stablecoin innovation and digital finance leadership. 📢 The message is clear: It's time for clarity, not gridlock. #Stablecoins #GENIUSAct #Crypto #Blockchain #Web3
🚨 GENIUS Act Stalls — Stablecoin Regulation in Limbo

⚖️ Regulatory uncertainty is peaking as the US Senate fails to move forward with the GENIUS Act.

🏛 Key voices like Scott Bessent, Senator Cynthia Lummis, and John Deaton are calling out the inaction, warning that the U.S. risks falling behind in stablecoin innovation and digital finance leadership.

📢 The message is clear: It's time for clarity, not gridlock.

#Stablecoins #GENIUSAct #Crypto #Blockchain #Web3
GENIUS stablecoin bill blocked in US Senate. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) of 2025 Act was blocked by Democrat lawmakers in the Senate on May 8, stalling the bill's progress. Although the bill initially received bipartisan support from US lawmakers, Democrats opposed the bill last minute due to concerns over President Donald Trump pushing crypto policies for self-benefit. Senior officials in the Trump administration have repeatedly stated that using stablecoins to protect the US dollar's global reserve status was a key policy objective. Following the stalling of the GENIUS stablecoin bill in the Senate, Treasury Secretary Scott Bessent wrote: The Treasury Secretary added that if the US does not encourage innovation in digital assets then crypto firms will move offshore. #BTC #GENIUSAct #FederalReserve $BTC $ETH $BNB
GENIUS stablecoin bill blocked in US Senate.

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) of 2025 Act was blocked by Democrat lawmakers in the Senate on May 8, stalling the bill's progress.

Although the bill initially received bipartisan support from US lawmakers, Democrats opposed the bill last minute due to concerns over President Donald Trump pushing crypto policies for self-benefit.

Senior officials in the Trump administration have repeatedly stated that using stablecoins to protect the US dollar's global reserve status was a key policy objective.

Following the stalling of the GENIUS stablecoin bill in the Senate, Treasury Secretary Scott Bessent wrote:

The Treasury Secretary added that if the US does not encourage innovation in digital assets then crypto firms will move offshore. #BTC #GENIUSAct #FederalReserve $BTC $ETH $BNB
$USDC The U.S. Just Missed a Big Crypto Moment. 🇺🇸 On May 8, the Senate failed to move forward with the GENIUS Act — a bipartisan bill that would’ve finally given the U.S. clear rules for stablecoins. Why does it matter? Because stablecoins are the backbone of DeFi, trading, and the future of global payments. Regulatory clarity = growth. The delay? Politics. While the world moves forward, the U.S. stalls. Again. Crypto doesn’t wait. Neither should we. #GENIUSAct #Stablecoins #CryptoNews #BinanceSquare #DeFi
$USDC The U.S. Just Missed a Big Crypto Moment. 🇺🇸
On May 8, the Senate failed to move forward with the GENIUS Act — a bipartisan bill that would’ve finally given the U.S. clear rules for stablecoins.
Why does it matter? Because stablecoins are the backbone of DeFi, trading, and the future of global payments.
Regulatory clarity = growth. The delay? Politics.
While the world moves forward, the U.S. stalls. Again.
Crypto doesn’t wait. Neither should we.

#GENIUSAct #Stablecoins #CryptoNews #BinanceSquare #DeFi
See original
Thune Opens the Door to Cooperation with Democrats: Will the Stablecoin Bill Be Approved?Senate Majority Leader John Thune (Republican – SD) has expressed willingness to compromise with Democrats to advance the GENIUS Act before the August recess, amid pressure from political controversies. Could this be a turning point for the stablecoin legal framework in the U.S.? Let's analyze in detail. Thune Opens the Door: Cooperation to Accelerate the GENIUS Act Thune stated in an interview with the press at Congress on Monday that he is willing to adjust the #GENIUSAct on the Senate floor: “There can certainly be changes on the floor, I’m waiting to see what the Democrats ask for.” This statement marks a shift after he expedited the process on Sunday, expecting a vote as early as this Thursday. However, the plan was hindered when 9 Democratic Senators, including 4 who previously supported it in committee, issued a statement of opposition, calling for stronger regulations on anti-money laundering, foreign issuers, national security, financial safety, and accountability.

Thune Opens the Door to Cooperation with Democrats: Will the Stablecoin Bill Be Approved?

Senate Majority Leader John Thune (Republican – SD) has expressed willingness to compromise with Democrats to advance the GENIUS Act before the August recess, amid pressure from political controversies. Could this be a turning point for the stablecoin legal framework in the U.S.? Let's analyze in detail.

Thune Opens the Door: Cooperation to Accelerate the GENIUS Act

Thune stated in an interview with the press at Congress on Monday that he is willing to adjust the #GENIUSAct on the Senate floor: “There can certainly be changes on the floor, I’m waiting to see what the Democrats ask for.” This statement marks a shift after he expedited the process on Sunday, expecting a vote as early as this Thursday. However, the plan was hindered when 9 Democratic Senators, including 4 who previously supported it in committee, issued a statement of opposition, calling for stronger regulations on anti-money laundering, foreign issuers, national security, financial safety, and accountability.
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Bullish
🚨 SENATE HALTS STABLECOIN BILL! 🚨 🔹 A procedural vote to advance the GENIUS Act failed 48–60, delaying debate on regulating dollar-pegged tokens. 🔹 Last-minute Democrat objections over President Trump’s family $2 B stablecoin deal derailed bipartisan momentum. 🔹 Senators Elizabeth Warren & Jeff Merkley are pushing to bar public officials and their kin from profiting via stablecoins. 🔹 Three Republicans—Rand Paul, Josh Hawley & John Kennedy—also bucked party lines, underscoring intra-GOP divisions. 🔹 The $246 B stablecoin market now hangs in limbo as regulators scramble for a revised bipartisan framework. 🔹 Democrats demanded stronger AML, national-security & consumer-protection amendments before floor debate. 🔹 Majority Leader John Thune vows to revisit the bill, but the timeline is murky amid ethics-provision fights. 🔹 Ripple, Circle & Tether issuers are watching closely—stablecoins underpin the backbone of DeFi liquidity. 🔹 Crypto markets stalled on the vote news; traders warn stalled clarity could slow enterprise adoption. 🔹 Trump’s personal crypto ventures—meme coins, token launches & Binance ties—fueled conflict-of-interest alarms. ❓ Your Take: Will the GENIUS Act come back stronger with new guards against corruption, or is this delay a death knell for U.S. stablecoin regulation? 🔁 REPOST to blast this through the Square algorithm—let’s ignite the debate! @FaisCryptoUpdates #Stablecoins #GENIUSAct #CryptoRegulation #BinanceSquare #StripeStablecoinAccounts
🚨 SENATE HALTS STABLECOIN BILL! 🚨

🔹 A procedural vote to advance the GENIUS Act failed 48–60, delaying debate on regulating dollar-pegged tokens.
🔹 Last-minute Democrat objections over President Trump’s family $2 B stablecoin deal derailed bipartisan momentum.
🔹 Senators Elizabeth Warren & Jeff Merkley are pushing to bar public officials and their kin from profiting via stablecoins.
🔹 Three Republicans—Rand Paul, Josh Hawley & John Kennedy—also bucked party lines, underscoring intra-GOP divisions.
🔹 The $246 B stablecoin market now hangs in limbo as regulators scramble for a revised bipartisan framework.
🔹 Democrats demanded stronger AML, national-security & consumer-protection amendments before floor debate.
🔹 Majority Leader John Thune vows to revisit the bill, but the timeline is murky amid ethics-provision fights.
🔹 Ripple, Circle & Tether issuers are watching closely—stablecoins underpin the backbone of DeFi liquidity.
🔹 Crypto markets stalled on the vote news; traders warn stalled clarity could slow enterprise adoption.
🔹 Trump’s personal crypto ventures—meme coins, token launches & Binance ties—fueled conflict-of-interest alarms.

❓ Your Take: Will the GENIUS Act come back stronger with new guards against corruption, or is this delay a death knell for U.S. stablecoin regulation?
🔁 REPOST to blast this through the Square algorithm—let’s ignite the debate!
@FaisalCrypto007
#Stablecoins #GENIUSAct #CryptoRegulation #BinanceSquare #StripeStablecoinAccounts
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