#DigitalAssetBill Today, the Senate Majority Leader, John Thune (Republican from South Dakota), launched a process aimed at expediting the vote on historic legislation establishing the very first regulatory framework for payment stablecoins. This bill, the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), is sponsored by Senator Bill Hagerty (Republican from Tennessee) and co-sponsored by Chairman Tim Scott (Republican from South Carolina) and the chairwoman of the subcommittee on digital assets, Cynthia Lummis (Republican from Wyoming).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.