GENIUS Act Passes Senate With 68–30 Vote


14h05 ▪
4
min read ▪ by
Fenelon L.

The regulation of stablecoins in the United States has just reached a historic milestone. The US Senate voted 68 to 30 to advance the GENIUS Act bill, paving the way for a debate in a plenary session. Does this progress finally mark the birth of a federal regulatory framework for dollar-backed cryptocurrencies?

A high-angle view of a stylized Senate chamber, with a dramatic atmosphere, a beam of light falling on a hand pressing a A high-angle view of a stylized Senate chamber, with a dramatic atmosphere, a beam of light falling on a hand pressing a

In Brief

  • The U.S. Senate passes the GENIUS Act by 68 votes to 30, marking a major step forward for stablecoin regulation.
  • John Thune actively champions the legislation…

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