GENIUS Act stalls in Senate, lawmakers eye new proposal next week
The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote difference, as 49 Democ...
Source: CryptoSlate
The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote difference, as 49 Democrat senators denied the motion against 48 favorable votes. Senate Majority Leader John Thune accused Democrats of using the filibuster for […]