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BTCC / BTCC Square / Global Cryptocurrency /
Senate Passes GENIUS Act, a Landmark Stablecoin Regulation Bill

Senate Passes GENIUS Act, a Landmark Stablecoin Regulation Bill

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-06-18 07:51:01
0

The U.S. Senate approved the GENIUS Act with a 68-30 vote, marking a pivotal moment for cryptocurrency regulation. The legislation establishes the first federal framework for stablecoins, garnering bipartisan support. Scott Bessent, a prominent figure in the crypto space, publicly acknowledged the legislative backing.

Market observers anticipate the bill could catalyze institutional adoption of dollar-pegged cryptocurrencies. The regulatory clarity comes as global jurisdictions race to establish frameworks for digital asset oversight.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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