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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

Author:
Global Cryptocurrency
Published:
2025-06-18 07:51:01
14
2

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.

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