June 8, 2025
Sydney 29

What is Stablecoin Regulation Bill? US Senate advances first-of-its-kind cryptocurrency legislation

Representative Image (AI) The United States Senate has advanced the Genius Act, a landmark bill aimed at regulating stablecoins, a type of cryptocurrency pegged to assets like the US dollar or gold. The bill passed a key procedural vote with a 66-32 margin, overcoming earlier opposition from Senate Democrats.The Genius Act introduces first of its […]