U.S. Senate Votes For Advancement Of The GENIUS Act

The U.S. Senate voted to advance the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a bill aimed at creating a regulatory framework for stablecoins, which are cryptocurrencies pegged to assets like the U.S. dollar. On June 11, 2025, the Senate voted 68-30 to invoke cloture, allowing the bill to proceed to debate [...]The post U.S. Senate Votes For Advancement Of The GENIUS Act appeared first on Tekedia.

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