#USStablecoinBill 🤫The Law on Leadership and Establishing National Innovations for US Stablecoins (GENIUS) at the helm. This bipartisan bill, sponsored by Senators Bill Hagerty (R-TN) and Kirsten Gillibrand (D-NY), aims to define the issuance and oversight of dollar-pegged digital assets. It has passed through the Senate Banking Committee and is scheduled for a vote in the full Senate before Memorial Day.
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