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Stablecoin GENIUS Act May Pass US Senate Mid-May Sources Say


by Ikemefula Aruogu
for CoinEdition
US Stablecoin GENIUS Act Vote Nears; Lummis Targets May 26
  • Lawmakers and analysts agree that the GENIUS Act bill is close to approval.
  • The GENIUS Act will provide fair competition in the finance sector.
  • Cynthia Lummis targets May 26 for the Stablecoin GENIUS Act approval.

Recent developments surrounding the proposed Stablecoin GENIUS Act indicate a growing optimism for its potential approval in the US Senate in the coming days or weeks. 

Pro-crypto senators are reportedly expressing confidence about the proposed legislation, leading many cryptocurrency enthusiasts to believe the bill is moving in the right direction toward becoming law. 

Supporters Eye Mid-to-Late May Passage Despite Opposition

One such crypto supporter claims sources within the US government speculated the US Senate would pass the bill in the third week of May. In his latest post on X, the crypto supporter highlighted effort…

The post Stablecoin GENIUS Act May Pass US Senate Mid-May Sources Say appeared first on Coin Edition.

Read the article at CoinEdition

Read More

GENIUS Act Nears Senate Breakthrough Amid Regulatory Debate and Delay Concerns

GENIUS Act Nears Senate Breakthrough Amid Regulatory Debate and Delay Concerns

The GENIUS Act, a key piece of U.S. legislation designed to establish clear regulatio...
Ripple CTO David Schwartz Supports Allegation that Regional Banks Are Obstructing Stablecoin Legislation

Ripple CTO David Schwartz Supports Allegation that Regional Banks Are Obstructing Stablecoin Legislation

There is a discussion going on among crypto enthusiasts, with the topic being that so...
MainNewsStablecoin G...

Stablecoin GENIUS Act May Pass US Senate Mid-May Sources Say


by Ikemefula Aruogu
for CoinEdition
US Stablecoin GENIUS Act Vote Nears; Lummis Targets May 26
  • Lawmakers and analysts agree that the GENIUS Act bill is close to approval.
  • The GENIUS Act will provide fair competition in the finance sector.
  • Cynthia Lummis targets May 26 for the Stablecoin GENIUS Act approval.

Recent developments surrounding the proposed Stablecoin GENIUS Act indicate a growing optimism for its potential approval in the US Senate in the coming days or weeks. 

Pro-crypto senators are reportedly expressing confidence about the proposed legislation, leading many cryptocurrency enthusiasts to believe the bill is moving in the right direction toward becoming law. 

Supporters Eye Mid-to-Late May Passage Despite Opposition

One such crypto supporter claims sources within the US government speculated the US Senate would pass the bill in the third week of May. In his latest post on X, the crypto supporter highlighted effort…

The post Stablecoin GENIUS Act May Pass US Senate Mid-May Sources Say appeared first on Coin Edition.

Read the article at CoinEdition

Read More

GENIUS Act Nears Senate Breakthrough Amid Regulatory Debate and Delay Concerns

GENIUS Act Nears Senate Breakthrough Amid Regulatory Debate and Delay Concerns

The GENIUS Act, a key piece of U.S. legislation designed to establish clear regulatio...
Ripple CTO David Schwartz Supports Allegation that Regional Banks Are Obstructing Stablecoin Legislation

Ripple CTO David Schwartz Supports Allegation that Regional Banks Are Obstructing Stablecoin Legislation

There is a discussion going on among crypto enthusiasts, with the topic being that so...