U.S. Senate Overwhelmingly Passes GENIUS Act, Paving Way for Stablecoin Regulation

The United States Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with bipartisan support on Tuesday, June 17, 2025. The bill, approved by a 68-30 vote, now advances to the House of Representatives, where it is expected to receive similar support. This legislation represents the first major federal effort […]