$MBOX The Senate approves the GENIUS Act💰

The United States Senate approved the GENIUS Act on Tuesday, a historic bill to regulate stablecoins, in a bipartisan vote of 68 to 30 that could redefine how digital dollars are governed in the United States.

The bill, short for the Guidance and Establishment of National Innovation for U.S. Stablecoins Act of 2025, establishes new federal standards for companies that issue stablecoins, which are cryptocurrencies pegged to the dollar.

If the House approves it, the bill would create the first national framework that will determine how these issuers are supervised, how their reserves are managed, and what anti-money laundering standards they must follow.

The GENIUS Act now moves to the House of Representatives, where lawmakers may vote on it directly or make changes that would require new Senate approval.