Breaking: US Senate Advances Stablecoin Bill ‘GENIUS’ Act To Amendment Process 🇺🇸
The US Senate has taken a significant step in advancing the GENIUS Act, a stablecoin bill, by moving it to the amendment process. This development signifies the potential establishment of a major crypto regulatory framework in the United States, specifically focusing on the regulation of stablecoins.
The passage of this bill is expected to provide much-needed clarity for stablecoin operations within the country. By regulating these digital assets, the act aims to address current ambiguities and strengthen the legal standing of stablecoins in the US financial ecosystem.
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