GENIUS Stablecoin Bill Passes in US Senate
The #US Senate approved the #GENIUSACATPASS Act with a 68-30 vote. The bill focuses on stablecoin regulation and near-instant payments. Senator Bill Hagerty introduced the bill. It now moves to the House of Representatives. This could bring more clarity to US crypto regulation. The vote follows controversy involving #DonaldTrump and World Liberty Financial, creators of the $USD1
stablecoin.