Awaiting the decision on the GENIUS act later today…
"Strongly supported: the senate ought to approve the GENIUS act and implement stablecoin regulations."
Awaiting the decision on the GENIUS act later today…
"Strongly supported: the senate ought to approve the GENIUS act and implement stablecoin regulations."
The GENIUS Act passed 68-30.
Now there is the house (Stable Act) which needs to pass the stablecoin bill.
Seeing the GENIUS act pass is a positive step. Now, with the House considering the stablecoin bill, finding that balance between regulation and innovation is crucial. It’ll be interesting to see how it develops
Yes there might be some resistance in the House. The bipartison support in the Senate might provide some insight into where the Democrats stand on this issue.
The Senate’s bipartisan vote is a promising sign. It’ll be interesting to see how the House navigates the need for both oversight and innovation as they work through the details on stablecoin regulations