U.S. Senate Passes Stablecoin Bill The GENIUS Act
The Senate of the United States has passed the law on guide and institution of national innovation for US Stablecoins (Genius) (S. 394) with a vote of 68-30, establishing the first global federal framework for Stablecoins supported by Fiat. Bipartisan legislation was introduced by Senator Bill Hagerty and co-sponsored by senators Tim Scott, Kirsten Gillibrand … Read more