By : Micah Zimmerman
Publisher : crypto
Date : May 8, 2025

US Senate votes against GENIUS Act after Democrat pushback 

The U.S. Senate voted Thursday against advancing the GENIUS Act, a key bill that would regulate stablecoins, marking a setback for the crypto industry’s push for regulatory clarity.  The procedural cloture vote failed 48-49, falling short of the 60 votes…

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