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Arry Hashemi
Arry Hashemi

U.S. Senate Passes Historic GENIUS Act to Regulate Stablecoins

The U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) on Tuesday evening, with a decisive 68–30 vote. The bill marks the first-ever federal framework aimed at stablecoins, a sector rapidly gaining traction across finance and commerce.