U.S. Senate Advances Stablecoin Regulation: Bipartisan Act Fuels Regulatory Action

The U.S. Senate recently passed the GENIUS Act on May 20, 2025, signaling a significant step forward in stablecoin regulation. This bipartisan initiative will establish new operational standards for issuers and grant federal and state regulators enhanced authority over major players in the market. This action reflects increasing political consensus and clarity around the oversight of these digital assets.