US Senate passes stablecoin bill in milestone for crypto industry - Reuters
Senator Warren led opposition to the bill, arguing it lacks sufficient anti-money laundering protections and facilitates executive-branch corruption.
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104 stories · 95–96 · updated Sep 24, 2026
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Published Jun 17, 2025
tl;dr
The U.S. Senate passed the bipartisan GENIUS Act (68-30), establishing the first federal regulatory framework for dollar-pegged stablecoins. The bill now heads to the House amid debates over consumer protection and President Trump's personal crypto ventures.
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