The United States Senate is preparing for a crucial vote on the Stablecoin Bill, dubbed the GENIUS Act, this coming Monday. After several delays, the bill is finally moving forward with a ‘cloture vote’ scheduled by Senate Majority Leader John Thune. The decision marks a turning point for stablecoin regulation in the country, a development that has also drawn national attention and renewed urgency among lawmakers. Stablecoin Bill Advances To Cloture Vote Stage In her latest post on X, American Journalist Eleanor Terrett reported that Senator Thune had officially filed for cloture on the GENIUS Act, setting the vote for May 19. This move signals a final push by lawmakers to bring the legislation to the floor after a series of back-and-forth debates. According to Senate sources, a bipartisan amendment is also under review. The discussed changes include stricter rules for tech companies involved in financial assets, better consumer protection,... Read More at Coingape.com
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