U.S. Senate Banking Committee advanced GENIUS Stablecoin Bill to the Senate

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U.S. Senate Banking Committee advanced GENIUS Stablecoin Bill to the Senate

Description

The GENIUS stablecoin bill, which establishes federal regulations for stablecoin issuers in the U.S. to ensure consumer protection, financial stability, and responsible innovation, cleared the Senate Banking Committee in an 18-6 bipartisan vote, advancing it to the full Senate for consideration.

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News story

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Simas

Publish date

12:00am, Thursday, March 13, 2025

Related projects

U.S. Senate Committee on Banking, Housing, and Urban Affairs
GENIUS Act (Guiding and Establishing National Innovation in U.S. Stablecoins Act)

Related topics

Policy & regulations

Sources

U.S. Senate Takes First Big Step to Advance Stablecoin Bill
Senate Banking Committee votes to advance stablecoin bill, collecting support from both Democrats and Republicans

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Week 11 of 2025
03/13/2025