“GENIUS Act Clears Major Hurdle with Strong Support”
📢 GENIUS Act Gets the Green Light!
In a recent vote, the GENIUS Act passed with 66 votes in favor and 32 against, marking a big step forward for innovation-focused legislation. 🚀
Stay tuned for what this could mean for the tech and Web3 sectors.
👥 Tagging: @balajis @cdixon @APompliano @MessariCrypto @laurashin
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GENIUS Act Passes With Strong Majority Vote—Next Steps for the Future of Innovation
In a notable win for the tech and innovation sector, the GENIUS Act has officially passed, with 66 lawmakers voting in favor and 32 opposed, according to a report by Odaily. This marks a pivotal moment in the legislative journey of the bill, which has garnered strong support from advocates of emerging technologies and digital infrastructure.
While the full implications are still unfolding, this approval signals growing institutional backing for policies that promote research, decentralized technologies, and digital transformation. With further legislative milestones still ahead, the passage of the GENIUS Act sets the stage for potential funding boosts and regulatory clarity in the Web3 and blockchain spaces.
What’s Next?
Watch for implementation frameworks, agency guidelines, and industry reactions in the weeks ahead.