With this Law, the Dollar 💵 breathes more easily

#GENIUSActPass On June 17, 2025, the United States Senate approved the National Innovation Guidance and Establishment Act for U.S. Stablecoins (GENIUS) with a bipartisan vote of 68 to 30. This event marks a crucial moment, as it represents the first comprehensive federal framework for the regulation of stablecoins and the first cryptocurrency-focused legislation to pass one of the chambers of Congress. The Act, driven by Senator Bill Hagerty (R-Tenn.), aims to establish a regulatory framework for the growing stablecoin market, valued at approximately $250 billion.

This legislation is seen as a historic step towards broader oversight of digital assets, marking the most significant legislative action on cryptocurrency policy to date.