#GENIUSActPass

One step closer to adoption. The GENIUS bill aimed at regulating stablecoins in the United States has just passed an important vote in the Senate. This procedural vote, called cloture, allows for limiting debate and preventing obstruction. The text can therefore be debated and voted on in the coming days. This is a victory for the Republicans who support this bill, but the battle is not yet won.

The bill was approved by the Senate Banking Committee in May 2025, but it faced opposition from some Democrats, notably Senator Elizabeth Warren.

She denounced a text riddled with flaws and insufficient protections for consumers, national security, and financial stability. She also criticized the fact that the bill favors the crypto platform World Liberty Financial (WLFi), backed by the Trump family.