The GENIUS Act: The New U.S. Stablecoin Law
The U.S. Senate has taken a major step toward regulating the fast-growing world of stablecoins with the advancement of the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). This bill, which has now cleared a key procedural hurdle and is headed for a full Senate vote, aims to create the first comprehensive federal …