Stablecoin Bill Moves Forward: A Key Step in U.S. Stablecoin Regulation

The U.S. Senate Banking Committee passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act 2025) in an 18-6 bipartisan vote on Thursday, marking a significant move toward federal regulation of stablecoins. The approval of the stablecoin bill highlights growing momentum for clearer cryptocurrency regulations in the U.S. What Is the GENIUS Act 2025? The GENIUS Act is a critical effort to regulate payment stablecoins, aiming to bring clarity to the rapidly expanding digital asset sector. The stablecoin bill introduces licensing requirements, placing smaller issuers—those with a market capitalization under $10 billion—under state supervision. Larger issuers

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