Arbaz Crypto
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#GENIUSActPass
The Senate passes the bipartisan 'GENIUS Act'
On June 17, 2025, the Senate passed the bill with a vote of 68 in favor and 30 against.
✅ The bill was subsequently approved in the Senate and is now submitted to the House for consideration.
✅ House Review: The House Financial Services Committee is reviewing the bill and a vote is expected in the third quarter of 2025.
✅ Due to the increased bipartisan consensus on stablecoin regulation, the likelihood of the bill passing is high, but it may face adjustments to some provisions.
✅ Expected timeline: If the House passes the bill, it will be submitted to the President for signing, with an optimistic estimate that it could become law in September or October 2025.
The Senate passes the bipartisan 'GENIUS Act'
On June 17, 2025, the Senate passed the bill with a vote of 68 in favor and 30 against.
✅ The bill was subsequently approved in the Senate and is now submitted to the House for consideration.
✅ House Review: The House Financial Services Committee is reviewing the bill and a vote is expected in the third quarter of 2025.
✅ Due to the increased bipartisan consensus on stablecoin regulation, the likelihood of the bill passing is high, but it may face adjustments to some provisions.
✅ Expected timeline: If the House passes the bill, it will be submitted to the President for signing, with an optimistic estimate that it could become law in September or October 2025.
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