GENIUS Act Clears Key Cloture Vote, Boosted by 16 Democratic Votes

The US Senate passed a critical cloture vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The bill passed with 66 votes in favor and 32 votes against. However, it’s important to note that the bill has not become law yet. It will proceed to the Senate floor for debate and possible amendments source: https://beincrypto.com/genius-act-stablecoin-regulation/