🚨 BREAKING: GENIUS Stablecoin Bill Clears Key Senate Vote!!!
In a 68–30 vote, the US Senate just advanced the GENIUS Act, the most significant crypto legislation in years—paving the way for full-on stablecoin regulation in America. Senate Majority Leader John Thune rallied behind the bill, echoing Trump’s crypto-forward agenda:
“We want to bring cryptocurrency into the mainstream.”
What this means:
- The bill now heads to full debate and a final Senate vote
- If passed, it moves to the House of Representatives
- It sets the stage for legal clarity and institutional adoption of stablecoins like USDC, USDT, and future tokenized dollars
But not everyone’s cheering.
Senator Elizabeth Warren slammed the bill for "loopholes" and called out Trump's crypto ties, alleging potential corruption linked to his memecoin and crypto platform, World Liberty Financial. Still, momentum is clear. Even with political friction, bipartisan support is forming.
The GENIUS Act would:
- Set federal standards for stablecoin issuers
- Create a legal path for banks and fintechs to issue digital dollars
- Give the US a real shot at maintaining dollar dominance in a tokenized world
Follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #GENIUSAct #StablecoinBill #Stablecoins #USA #Trump
