Senate Stablecoin Bill: What’s Next for the GENIUS Act?
The U.S. Senate is advancing the GENIUS Act, a pivotal stablecoin bill poised to reshape the regulatory landscape for digital assets. Market participants anticipate heightened clarity for dollar-pegged cryptocurrencies, though the legislation’s final FORM remains uncertain.
Stablecoin issuers and crypto exchanges are closely monitoring the bill’s progression, which could establish federal oversight frameworks. The outcome may significantly impact liquidity and institutional adoption across major trading platforms.