$BTC

After a month of processing in the U.S. Senate, the law favoring stablecoins advances in the U.S. legislature. The legislation, approved with 68 votes to 30, is at the center of the crypto market crisis in the country.

Accusations about a possible lobby from Meta and attempts to prevent Donald Trump from profiting from cryptocurrencies involve the 'Genius Act'. Now, the House of Representatives will debate the bill.💼

What happened?

In a speech on the Senate floor on Wednesday (11), majority leader John Thune urged Congress members to support the bill.

Indeed, the senator's position reinforces a project expressed by President Donald Trump in March, stating that the U.S. should be the capital of cryptocurrencies in the world.🪙