
U.S. Senate Advances “GENIUS Act” to Regulate Stablecoins
CentBit.Online â Crypto & Blockchain Expert, Bangladesh In a notable shift for crypto policy, the U.S. Senate voted 68â30 to invoke cloture on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, effectively advancing the bill toward a full Senate vote. If enacted, this would mark the first dedicated federal framework for USD-backed stablecoins….