US Senate Greenlights ‘GENIUS Act’—Stablecoins One Step Closer to Legal Clarity

BTCC / BTCC Square / CryptotimesIO /

Author:

Release Time:

2025-05-21 14:06:40

US Senate Passes Stablecoin Bill ‘GENIUS Act’ for Amendment

Washington finally gets a crypto win—lawmakers just passed the GENIUS Act, a landmark bill that could bring stablecoins under federal oversight. No more regulatory limbo for USDC, USDT, or that algorithmic stablecoin your cousin won’t stop shilling.

Here’s the kicker: the bill now heads to amendment debates, where lobbyists will undoubtedly turn it into a Christmas tree of corporate handouts. Because what’s financial innovation without a little rent-seeking?

If signed into law, this could be the first real crypto framework from Congress—assuming they don’t water it down to please both Wall Street and the ‘blockchain, not Bitcoin’ crowd. Place your bets now.

By:

Log in to Reply

Solana Mobile’s Seeker Drops August 4—SKR Tokens in Tow

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.