BTCC
/
BTCC Square
/
CryptotimesIO
/
Senate Showdown: GENIUS Stablecoin Bill Faces Make-or-Break Vote Wednesday
Senate Showdown: GENIUS Stablecoin Bill Faces Make-or-Break Vote Wednesday
11
3
Washington's favorite circus is back in session—this time with crypto as the main act. The GENIUS Stablecoin Bill hits the Senate floor Wednesday, promising either regulatory clarity or another masterclass in bureaucratic wheel-spinning.
Why it matters: If passed, this could finally drag US stablecoin rules out of the regulatory dark ages. Or it might just create another loophole for banks to exploit while pretending to 'innovate.'
Watch for: Last-minute amendments from senators who still think blockchain is something you use to secure a bicycle. Either way, the crypto markets will react—probably with more volatility than a DeFi yield farm.
By:
