Senate Greenlights Stablecoin Framework, Stirring Crypto Waters and Political Tempers
The U.S. Senate has fired the starting gun on stablecoin regulation, pushing through a landmark bill that could reshape America’s approach to digital currency. With a 68-30 vote, lawmakers approved the so-called GENIUS Act—short for “Guardrails for the Emerging National Infrastructure of United Stablecoins”—a bipartisan attempt to tame the volatile world of crypto-backed tokens while …
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