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BTCC / BTCC Square / Global Cryptocurrency /
Historic Crypto Bill Moves Forward Backed by 66 Senators in Shift

Historic Crypto Bill Moves Forward Backed by 66 Senators in Shift

Author:
Global Cryptocurrency
Published:
2025-05-20 08:00:02
13
1

The U.S. Senate voted 66-32 to advance the GENIUS Act, marking a pivotal moment for cryptocurrency regulation. The bipartisan-supported legislation focuses on stablecoin oversight, overcoming earlier Democratic resistance tied to concerns about former President Trump’s crypto dealings.

This regulatory milestone signals growing institutional acceptance of digital assets, potentially accelerating mainstream adoption. The bill’s progress suggests a maturing legal framework for cryptocurrencies—a critical step toward legitimizing the asset class for traditional investors.

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