BREAKING: Senate Set to Approve GENIUS Stablecoin Act Today—Senator Hagerty Confirms
Washington shakes as crypto regulation takes center stage—again.
The Senate gears up to pass the controversial GENIUS Stablecoin Act today, according to Senator Bill Hagerty. This move could either legitimize stablecoins or hand Wall Street another toy to manipulate—take your pick.
Why it matters: Stablecoins are the backbone of crypto trading. Regulation could mean stability—or just another layer of bureaucratic tape.
Behind the scenes: Lobbyists from both crypto and traditional finance are reportedly scrambling. Because nothing says ''innovation'' like a last-minute backroom deal.
Bottom line: Whether this is a win for decentralization or just a handout to the usual suspects depends on who you ask. But hey—at least it''s not another NFT hearing.
