Senate Passes Stablecoin Bill as Crypto Eyes a Bigger Prize
- The U.S. Senate passed the GENIUS Act on June 17, 2025, creating a federal framework for stablecoins that will now head to the House for review.
- This bill, together with the CLARITY Act, addresses years of regulatory uncertainty that have hindered institutional investment in crypto by establishing clear categories for different types of digital assets.
- Both acts are gaining momentum with bipartisan support and are expected to trigger key regulatory steps in July and a market structure bill introduction before August recess.
- David Sacks, the White House crypto czar, indicated that the CLARITY Act will establish well-defined legal frameworks, and President Trump has openly endorsed initiatives aimed at advancing the U.S. as a frontrunner in cryptocurrency.
- If finalized, these laws could unlock trillions in crypto investments, institutionalize digital assets, boost U.S. innovation, and possibly cause Bitcoin prices to rise sharply.
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Senate Passes Stablecoin Bill as Crypto Eyes a Bigger Prize
·New York, United States
Read Full ArticleThe Senate Just Passed the GENIUS Act—CBDCs in Sheep's Clothing » Sons of Liberty Media
While the state weaponizes compliance, we must weaponize freedom On June 18th, while the country was distracted with headlines about Trump and Iran, the U.S. Senate quietly advanced the GENIUS Act—a bill designed to “legitimize” stablecoins, but in reality, it paves the way for a permissioned, surveilled, and tightly controlled digital currency regime. We predicted …
What are stablecoins and how does the GENIUS Act regulate them?
Last week, in a bipartisan vote, the Senate passed the GENIUS Act, creating a regulatory framework for stablecoins. Dante Disparte, chief strategy officer at the financial technology company Circle, joins "The Takeout" to explain how stablecoins work and what the Senate's legislation means for the cryptocurrency.
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