#USStablecoinBill

In mid-March, the *Genius Act*, a bill to regulate stablecoins, cleared the Senate Banking Committee with an **18-6 vote**, including support from five Democrats. However, nine pro-crypto Democrats oppose the current version, citing weak *anti-money laundering (AML)* and *national security* provisions. Since *cloture requires 60 votes*, bipartisan backing is crucial, but now at risk. Meanwhile, *Trump-linked crypto efforts*, including a planned stablecoin by *World Liberty Financial*, have drawn criticism from lawmakers like **Senator Warren**, further complicating the debate. With regulatory clarity in doubt, **further bill revisions are expected**. The path forward remains uncertain.