๐บ๐ธ Critical Developments in the U.S. Senate Regarding the GENIUS Stablecoin Bill! ๐๏ธ
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โก๏ธ Procedural Votes Paving the Way:
The U.S. Senate is scheduled to conduct five procedural votes today, Thursday, at 12:30 PM on the GENIUS stablecoin bill. These votes include Democratic objections, the adoption of Hagerty's amendments, and the final vote to end the discussion (cloture).
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๐ก Clearing the Path for the Final Vote:
These procedural hurdles clear the way for the final vote on the bill early next week, bringing it closer to becoming law.
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๐ Importance:
This progress represents an important step towards providing a clear regulatory framework for stablecoins in the United States, which could enhance market stability and encourage innovation in the digital asset sector.
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๐ค Do these developments indicate that the United States is about to issue comprehensive legislation for cryptocurrencies?
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