#GENIUSActPass The U.S. Senate has passed the GENIUS bill, a historic legislative act regulating stablecoins, which is a significant legislative victory for the crypto industry. Despite concerns about potential corruption, the bill received bipartisan support and aims to establish a regulatory framework for stablecoins. Proponents argue that this could enhance the global position of the dollar and set norms for the financial system. The bill is now being sent to the House of Representatives for further consideration.