Stablecoin Bill on Path to Passage After Senate Vote
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Stablecoin Bill on Path to Passage After Senate Vote
A 66-32 Senate vote on May 19 advancing the GENIUS Act, a bill that would bring a regulatory framework for stablecoin issuers, clears one of the major hurdles the bill has before its eventual passage. Bloomberg Intelligence Senior Government Analyst Nathan Dean has more on the story.
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