There’s Every Expectation that the GENIUS Stablecoin Bill Will Pass: Crypto Czar David Sacks
David Sacks, the White House crypto and AI czar, has expressed confidence that the GENIUS stablecoin bill will pass with bipartisan support.
Speaking in an interview at CNBC’s Closing Bell yesterday, Sacks emphasized that the stablecoin legislation, currently under deliberation in the Senate, will soon become a law. He noted that the significant bipartisan support for the bill has fueled the expectation that it will pass.
GENIUS Act Approval Almost Certain: Crypto Czar
The Guiding and Establishing National Innovation for US Stablecoin (GENIUS) bill recently advanced in the US Senate after an initial scare. On Monday, 16 Democrats voted in support of the bill, pushing it past the 60-vote threshold required to move the legislation for…
