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Senate Moves to Tame the $250B Stablecoin Beast with GENIUS Act

Senate Moves to Tame the $250B Stablecoin Beast with GENIUS Act

CryptotimesIO
Author:
CryptotimesIO
Release Time:
2025-05-20 01:09:23
0

US Senate Advances GENIUS Act to Regulate $250B Stablecoins

Washington finally tries to adult-proof crypto—starting with the dollar-pegged tokens propping up DeFi’s house of cards.

Subheader: Regulation or strangulation? The bill could either stabilize the wild west of stablecoins... or send them offshore faster than a Binance executive dodging subpoenas.

Bonus jab: Because nothing says ’financial innovation’ like 535 politicians arguing over code.

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