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U.S. Senate Banking Committee Approves GENIUS Act Stablecoin Bill
Senators back a new regulatory path for digital coins, sparking fresh debate over market oversight and consumer safeguards as the crypto world adapts to evolving digital asset practices.
The U.S. Senate Banking Committee has taken a major step in stablecoin regulation, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with an 18-6 vote.
Senators back a new regulatory path for digital coins, sparking fresh debate over market oversight and consumer safeguards as the crypto world adapts to evolving digital asset practices.
The U.S. Senate Banking Committee has taken a major step in stablecoin regulation, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with an 18-6 vote.