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US Senate Advances GENIUS Act: Major Boost to Crypto and Stablecoin Regulation

source-logo  coingape.com 20 May 2025 05:01, UTC

After a prolonged political battle, the Senate successfully advanced the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 on Monday night. If the landmark stablecoin bill clears final hurdles, it will rewrite crypto history in America, establishing the first comprehensive framework for stablecoin regulation.

coingape.com