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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
In a significant feat for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act on June 17 with a vote of 68-30, ...
Cryptopolitan on MSN1d
U.S. Senate passes the GENIUS Act on June 17 in a 68–30 voteOn June 17, the U.S. Senate approved the GENIUS Act by a 68-30 vote, marking the first major cryptocurrency bill to pass the ...
The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...
And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest ...
Key stablecoin legislation passed with flying colors in the US Senate. The 68-30 vote on the widely followed GENIUS ACT marks ...
The GENIUS Act, a stablecoin-focused bill, passed the Senate with a 68-30 vote, prompting President Trump to urge the House ...
According to Eleanor Terrett, the GENIUS Stablecoin Act is likely to pass the US Senate on Tuesday, paving the way for a vote ...
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech ...
The U.S. Senate has passed the GENIUS Act. The House is under pressure to vote on the legislation before the August recess.
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