U.S. Senate Overwhelmingly Votes to Advance GENIUS Act: What Next? 🇺🇸
In a historic move, the United States Senate has overwhelmingly voted by 68 to 30 to advance the GENIUS Act. This legislative act is aimed at putting regulations in place for the rapidly growing stablecoin market, which has reached a capitalization of over $254 billion.
This bipartisan effort signifies the increasing importance placed on regulating digital assets to ensure financial stability and consumer protection in the evolving fintech landscape.
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