#GENIUSActPass The U.S. Senate approves the GENIUS stablecoin bill with 68 votes in favor and 30 against

The bill was approved without amendments to address Donald Trump's connections to the stablecoin from World Liberty Financial, something that many Democrats had demanded.

The Act to Guide and Establish National Innovation for U.S. Stablecoins, known as the GENIUS Act, is one step closer to becoming law in the United States after the U.S. Senate voted in favor of passing an amended version of the bill.