#GENIUSActPass The Senate approved the GENIUS Act

• On June 17–18, 2025, the U.S. Senate passed the GENIUS Act with a vote of 68–30, demonstrating a rare bipartisan agreement for crypto regulation .

• The initiative sets the first federal rules for stablecoins: one-to-one reservation with the dollar or U.S. bonds, mandatory audits for major issuers, and increased oversight .

• Senator authors, such as Bill Hagerty (R), emphasized the importance of 'cementing the dominance of the U.S. dollar' .