US Senate To Have Another Cloture Vote On GENIUS Act This Week

The US Senate is preparing for another key vote on the GENIUS Act, a bipartisan bill aimed at establishing federal rules for stablecoins. This vote could occur as soon as Wednesday, June 11, following a procedural motion filed by Senate Majority Leader John Thune. The bill is seen as a major step in regulating dollar-pegged digital currencies in the U.S.