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.

Publish date

12:00am, Thursday, March 13, 2025