BTCC
/
BTCC Square
/
Global Cryptocurrency
/
U.S. Senate Advances GENIUS Act with Bipartisan Support
U.S. Senate Advances GENIUS Act with Bipartisan Support
20
3
The U.S. Senate cleared a critical hurdle for the GENIUS Act, voting 66-32 to proceed with debate. The cloture motion saw notable defections, with over 15 Democrats reversing their opposition—including Senators Cortez Masto, Schiff, and Warner. Minority Leader Schumer remained opposed.
This procedural victory sets the stage for potential crypto regulatory frameworks, though final passage remains uncertain. Markets will scrutinize amendments as the bill moves through deliberation—a test case for blockchain policy in an election year.
By:
Previous
U.S. Senate Advances GENIUS Act with Bipartisan Support, Paving Way for Stablecoin Debate
Next
Senate Advances Stablecoin Bill, Clearing the Way for Final Passage
