#GENIUSActPass 🤔 Everything you missed in a minute:
• The Senate is preparing for the final vote on the GENIUS stablecoin bill tomorrow, paving the way for discussion in the House of Representatives.
• Coinbase CEO Brian Armstrong is in talks with policymakers in London about the future of cryptocurrencies.
• Purpose Investments announces the launch of the Purpose XRP ETF on the Toronto Stock Exchange after receiving final approval.
• Cantor Fitzgerald analysts see $SOL as a sensible option as a treasury asset on Ethereum, citing developer growth.
• Eric Trump denies any involvement in the Tron project despite admitting he is the "biggest fan" of Justin Sun.
• The Securities and Exchange Commission and Ripple are asking the court to halt appeals pending a ruling on the pending proposal.
• Arthur Hayes warns that Circle's initial public offering could be the beginning of a "stablecoin mania" bubble.
• Ark Invest sells Circle shares worth $51.7 million after the stock price reached record levels.
• ETF flows show purchases of $408.6 million in $BTC and $21.4 million in $ETH on June 16.
• Smarter Web raises $37.1 million to increase its stake in Bitcoin.
• SoftBank aims to raise $4.9 billion from the sale of T-Mobile shares.