Rare bipartisan support moves GENIUS Act closer to law despite key Democrats opposition

The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19. The vote signals rare bipartisan support, with over a dozen Democrats joining Repub...

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Rare bipartisan support moves GENIUS Act closer to law despite key Democrats opposition

Source: CryptoSlate

The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19. The vote signals rare bipartisan support, with over a dozen Democrats joining Republicans to move the bill forward after weeks of negotiation. Notably, its approval sends the proposed stablecoin legislation to the House […]