US Senate Passes GENIUS Stablecoin Bill in Landmark Move for Crypto Regulation.

The US Senate has passed the GENIUS Stablecoin Bill, its first crypto regulatory framework bill, marking a landmark victory for the digital asset sector.

The much-discussed stablecoin bill gained bipartisan support on Tuesday, June 17, moving it one step closer to becoming law in the United States. About 68 senators supported the bill, representing a significant majority compared to the 30 who voted against it.

Following the passage of the amended version of the GENIUS Stablecoin Bill, it will now move to the House for deliberation.

Follow Like Share