The #Republican controlled #Senate Tuesday passed #legislation to establish a #regulatory framework for #stablecoins, putting the
#cryptocurrency industry, which had long been viewed with suspicion by lawmakers in Washington, on the brink of a major policy breakthrough.
The *GENIUS Act*, followed an aggressive lobbying campaign aimed at transforming cryptocurrency’s image from #scandal-plagued experiment to *legitimate* financial sector.
#law #finance #fraud #Trump
https://www.nytimes.com/2025/06/17/us/politics/senate-cryptocurrency-bill.html?smid=url-share