Senate Kills GENIUS Act in Nail-Biter Vote—Stablecoin Regulation Now in Limbo

Washington just made crypto’s regulatory nightmare worse. The Senate torpedoed the GENIUS Act by a single vote—leaving stablecoin rules dangling like a speculative altcoin.

No clarity, no framework—just another day in DC’s financial circus. TradFi lobbyists pop champagne while builders face another year of guessing which move triggers the SEC’s wrath.

Meanwhile, Tether’s printers warm up again. Some things never change.

Read More

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.