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4 Ways a New Crypto Bill Could Turbocharge the Stablecoin Industry

Summary by Tekedia
The U.S. Senate has passed the GENIUS Act, a comprehensive bill designed to regulate stablecoins—digital tokens pegged to fiat currencies such as the U.S. dollar. The legislation’s passage marks the most significant step yet by American lawmakers to bring structure and oversight to a previously unregulated sector, with analysts forecasting that the move will unlock […] The post U.S. Senate Passes GENIUS Act, Paving the Way for Institutional Stab…

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At a crucial moment in the regulation of cryptocurrencies in the United States, the Senate has taken a historic step by passing the GENIUS (Guiding and Establishing National Innovation for US Stablecoins Act), which establishes a federal regulatory framework for issuers of stablecoins. With strong bipartisan support of 68 votes in favour and 30 against, this legislation marks the first major crypto law to advance in Congress, and is now on its w…

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Invezz broke the news in on Wednesday, June 18, 2025.
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