The U.S. Congress quickly voted on #DigitalAssetBill , which establishes the first regulatory framework for stablecoins to enhance transparency and trust in digital assets.
The law known as the GENIUS Act received bipartisan support from Republicans and Democrats in the Senate Committee with a result of 18-6.
The legislation aims to protect users, stimulate innovation, and maintain the dominance of the U.S. dollar in the digital economy.
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