Crypto 350
06/19 06:08

The U.S. Senate successfully passed a regulatory framework for stablecoins, known as the GENIUS Act, potentially enabling U.S. and foreign issuers access to the U.S. market for the first time.
This legislation marks a significant milestone as it establishes a legal foundation for stablecoins, potentially increasing regulatory clarity and market confidence within the digital asset sector.
Senator Cynthia Lummis, a pro-crypto advocate, and Senator Elizabeth Warren, an outspoken critic, are prominent figures in this legislation. Senator Lummis expressed,
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