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by: xpoolPosted on: May 10, 2025

US Senate Fails to Advance GENIUS Act, Impacting Stablecoin Regulation

The US Senate’s failure to advance the GENIUS Act for stablecoin regulation has sparked uncertainty in the market, especially for companies like Tether. The bill, which aimed to establish regulatory frameworks for stablecoins, was voted down by a narrow margin (48-49), leading to significant implications for industry players and investors alike.

Related posts:

  1. Senate Blocks Stablecoin Regulation Bill, Market Uncertainty Remains
  2. Coinbase CEO Calls for Reform of Stablecoin Regulation in US Senate
  3. US Senate Blocks Major Cryptocurrency Regulation, Stablecoins Remain Unclear
  4. U.S. Senate Blocks Stablecoin Regulation, Leaving Market Uncertain
Cryptocurrency Regulation Stablecoin US Senate

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