#GENIUSActPass
Of course! Here is a slightly longer summary:
The U.S. Senate passes the GENIUS Act on stablecoins
The U.S. Senate has officially approved the GENIUS Act – an important step in establishing a legal framework for stablecoins in the United States. The goal of the act is to create transparency, safety, and stability for the rapidly growing digital asset sector.
The bill will now be sent to the House of Representatives for further consideration. If passed, it will await the final approval signature from President Donald Trump to officially take effect.
This is seen as a major milestone for the cryptocurrency market, especially for stablecoins like USDT, USDC, or related DeFi solutions.
If you need a more detailed report (e.g., key provisions in the GENIUS Act), I can provide additional information.