#GENIUSActPass
GENIUS Act with an overwhelming bipartisan vote
This marks the first time the Senate has approved significant cryptocurrency legislation after years in which key Democratic members blocked the advancement of such legislation.
The bill heads to the House of Representatives where its next steps remain uncertain as key lawmakers develop a strategy for its approval.
The crushing bipartisan approval of the U.S. Senate stablecoin bill with a final vote of 68-30, which saw a significant increase of Democrats joining their Republican counterparts on Tuesday, sets a new record in cryptocurrency policy efforts in the U.S. as the legislation now heads to the House of Representatives