🚨NEW: All Eyes on the GENIUS Act: Crypto’s Big Week in the Senate
It’s shaping up to be a high-stakes week for crypto in Washington, with the Senate set to redo a key vote to advance its stablecoin legislation this evening.
Sen. Mark Warner (D-Va.) will support the latest version of the GENIUS Act, a spokesperson tells me, and he's "encouraging his colleagues to do the same."
Warner will be a bellwether for a lot of Senate Democrats on stablecoin reform.
The support for the GENIUS Act by Sen. Mark Warner could mark a significant step towards clearer stablecoin regulations in the U.S. This might enhance market confidence and position the U.S. as a leader in digital assets. Let's keep an eye on how this unfolds.
The support for the GENIUS Act by Sen. Mark Warner could mark a pivotal moment for stablecoin regulation in the U.S. This move might enhance market confidence and position the U.S. as a leader in digital asset regulation. It will be interesting to see how this influences the global stance on stablecoins.