US Senate Votes To Move Ahead With GENIUS Act; ‘Legitimizing’ Stablecoins For Global Institutional Adoption | ZeroHedge
The GENIUS Act moved through a procedural vote on Monday (66-32), and has just passed its latest hurdle (69-31) allowing Senate Republican leaders to bring the legislation to the floor for debate and a final vote, as soon as this week
A challenging amendment pricess awaits as the Senate bill, if passed, would need to be reconciled with a version approved by the House Financial Services Committee, and then both chambers of Congress must agree on a single bill before (more…)