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BTCC / BTCC Square / Global Cryptocurrency /
GENIUS Stablecoin Bill Gains Bipartisan Momentum in Senate

GENIUS Stablecoin Bill Gains Bipartisan Momentum in Senate

Author:
Global Cryptocurrency
Published:
2025-05-22 21:37:02
8
2

The GENIUS stablecoin bill has cleared a critical Senate vote with 66 senators backing the legislation, surpassing the 60-vote threshold needed for advancement. Sixteen Democrats crossed party lines to join Republicans in supporting the measure, signaling rare bipartisan consensus on cryptocurrency regulation.

White House crypto and AI czar David Sacks expressed unequivocal confidence in the bill’s imminent passage into law. The strong showing reflects growing institutional recognition of stablecoins’ role in the digital asset ecosystem, potentially setting the stage for broader regulatory clarity in U.S. crypto markets.

|Square

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