U.S. Senate Votes to Pass the GENIUS Stablecoin Act

ForesightNewsJun 18, 2025
#Macro
Foresight News reports that, according to Politico, the U.S. Senate passed the landmark cryptocurrency legislation called the GENIUS Act on Tuesday local time, aimed at promoting growth in the industry. This marks a historic lobbying victory for digital asset companies in the Senate's first comprehensive regulatory reform vote on cryptocurrency. The U.S. Senate approved the bill with 68 votes in favor and 30 against, with 18 Democrats joining the majority of Republicans to support sending it to the House of Representatives for consideration.
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U.S. Senate Votes to Pass the GENIUS Stablecoin Act

ForesightNewsJun 18, 2025
#Macro
Foresight News reports that, according to Politico, the U.S. Senate passed the landmark cryptocurrency legislation called the GENIUS Act on Tuesday local time, aimed at promoting growth in the industry. This marks a historic lobbying victory for digital asset companies in the Senate's first comprehensive regulatory reform vote on cryptocurrency. The U.S. Senate approved the bill with 68 votes in favor and 30 against, with 18 Democrats joining the majority of Republicans to support sending it to the House of Representatives for consideration.
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