#GENIUSActPass
The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, is a step closer to becoming law in the US after the US Senate voted to approve a modified version of the bill.
In a vote of 68 to 30 on Tuesday, the majority of the US Senate decided to approve the GENIUS Act about six weeks after Tennessee Senator Bill Hagerty introduced the legislation. The complementary bill, the STABLE Act, may be reviewed in the House of Representatives, where it may receive additional amendment proposals.