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US Senate passes stablecoin bill in win for crypto, Trump
Industry backers hope the legislation will turn stablecoins into a mainstream form of payment.
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cnbc.com
Senate passes landmark GENIUS stablecoin bill, giving crypto industry its first major win
This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election cycle.
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nytimes.com
Senate Passes Cryptocurrency and Stablecoin Rules Bill
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
