#GENIUSActPass ๐๏ธ Senate Approval (June 17, 2025)
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Mandates include:
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๐ก Why It Matters
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๐ฆNext Steps
Moves to the House of Representatives, where a companion STABLE Act may be merged or revised.
If passed, it heads to the Presidentโheโs indicated willingness to sign before August recess .
๐ Bottom Line
The #GENIUSActPass hashtag marks a significant turning point in crypto policy, enabling stronger oversight and broader adoption of stablecoins while igniting debates over transparency and safeguards.
Would you like a deeper breakdown of any partโlike how the reserve requirements work, key objections from opponents, or next steps in the House?