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The House Just Passed a Historic Crypto Bill, Delivering a Huge Win to Stablecoin Fans
The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.
On Tuesday, the U.S. Senate passed the Genius Act, a bill that aims to set clear guidelines for stablecoin issuers and address some critical needs of the digital assets industry, teeing up a ...
Senate passes landmark stablecoin bill. Jun. 18, 2025 3:32 AM ET USCoin USD (USDC-USD) Crypto, USDT-USD Crypto, CRCL Stock By: Jessica Kuruthukulangara, SA News Editor 16 Comments.
Democrats have also raised concerns that the legislation opens the door for major corporations to issue their own private ...
The GENIUS Act, which will give the green light to banks interested in stablecoins, but which has also raised fears that it ...
The bipartisan legislation, which passed the Senate in June and is likely to be voted on by the House this week, is the first-ever piece of stablecoin regulation. It would allow private entities to ...
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