#GENIUSActPass

The hashtag **#GENIUSActPass** refers to the historic passage of the **GENIUS Act** by the U.S. Senate, which represents the first federal regulatory framework for **stablecoins** in the United States. The law was voted on with a majority of **68-30** with support from both the Republican and Democratic parties, aiming to regulate the issuance and use of stablecoins, ensuring transparency of reserves and consumer protection. This law is seen as a significant step towards enhancing American dominance in the digital asset space, while providing legal clarity for businesses and investors. This hashtag is used to track the latest developments regarding the law and its impact on the cryptocurrency market and the global financial sector.