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While the crypto market desperately searches for direction, the US Senate is preparing to lay the groundwork for a legal framework for stablecoins. The June 17 vote could very well reshuffle the deck, both for institutions and digital giants.
In Brief
- On June 17, US senators will vote on the GENIUS Act.
- The debate is clouded by suspicions of conflicts of interest related to the Trump family, and amendments aim to prevent any collusion between lawmakers and digital asset issuers.
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