The U.S. Senate Officially Passes Stablecoin Legislation - The ‘Genius’ Act

The U.S. Senate has officially passed the GENIUS Act, a groundbreaking bill aimed at regulating the stablecoin market. This legislation is designed to create a clearer legal framework for stable cryptocurrencies, helping to enhance trust and protect consumers in the digital finance sector.

After being passed in the Senate, the GENIUS Act will now be sent to the House of Representatives for review. If approved there, the final step will be the decision of President Donald Trump at the White House. This development marks an important step in the regulation and growth of the digital currency market in the U.S., promising to bring numerous benefits to both investors and consumers.#GENIUSActPass