17th June 2025 – (Washington) The Senate is set to hold a final vote Tuesday on the GENIUS Act, a bill that would create the first federal regulatory framework for stablecoins—cryptocurrencies tied to the value of the U.S. dollar. While the legislation must still pass the House and secure President Trump’s signature to become law, its progress marks a significant milestone for the cryptocurrency sector, which has long sought regulatory clarity in Washington.
“This is a major step forward,” said Dante Disparte, chief strategy officer at Circle, the largest US stablecoin issuer. Circle’s stock has surged 400% since its June 5 trading debut,…
