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🚀 GENIUS Act Clears Critical Hurdle – Senate Showdown Next!

🚀 GENIUS Act Clears Critical Hurdle – Senate Showdown Next!

Published:
2025-06-11 20:09:26
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GENIUS Act wins crucial vote, heads to Senate floor vote

The GENIUS Act just bulldozed through a key committee vote—now it''s barreling toward a full Senate decision that could reshape America''s tech landscape.

Why this matters: This isn''t just another DC paperwork shuffle. The bill''s blockchain-friendly provisions could unlock billions in trapped crypto capital (assuming politicians finally understand what they''re voting on).

Wall Street''s watching: Bankers are already hedging—some quietly lobbying against it, others repositioning portfolios to ride the regulatory wave. Typical finance two-step: fight innovation first, profit from it later.

What''s next: Senate floor debate expected within 14 days. If passed, we''re looking at the most significant crypto infrastructure law since... well, ever.

Crypto’s ‘pivotal shift’ 

Industry leaders say the bill could unlock new institutional participation. Yuval Rooz, CEO of blockchain firm Digital Asset, called it a “pivotal shift” in crypto regulation.

“The passage of the GENIUS Act marks a long-awaited shift from regulation by enforcement to regulation by clarity,” Rooz said in a note obtained by crypto.news. “It provides banks with a clear framework to confidently engage with stablecoins, unlocking stalled strategies by ensuring full reserves, regular audits, and substantive consumer protections.”

Rooz emphasized that “regulation alone isn’t enough,” highlighting the importance of privacy and control. “These aren’t optional features; they are foundational to institutional trust,” he added.

As the Senate prepares for Monday’s final vote, the GENIUS Act’s fate could shape the future of U.S. crypto policy—and influence how stablecoins are used in both traditional and decentralized finance.

|Square

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