The U.S. Senate is poised to make history with the impending vote on the GENIUS Act, a landmark piece of legislation aimed at regulating stablecoins. Senate leaders have initiated expedited procedures to ensure this first-ever crypto-focused law passes swiftly. This move signals the beginning of the federal government’s entry into the world of digital assets regulation, paving the way for national digital asset oversight. 18 members of the Senate Banking Committee unanimously approved the legislation, demonstrating overwhelming support for stablecoin regulations. The House Financial Services Committee has already endorsed a similar version, setting the stage for unified legislation. This bipartisan push reflects a growing awareness of the need to establish clear regulatory boundaries in the rapidly evolving cryptocurrency landscape.