‘Historic win’ for crypto! – GENIUS Act heads to Trump for final approval
This week marked a significant milestone for the cryptocurrency industry in the United States, as the U.S. House of Representatives approved a stablecoin bill that is now awaiting final consent from President Donald Trump to become law. The bill, known as the GENIUS Act, was passed with a commendable bipartisan majority of 308-122, signifying that over 100 Democrats joined the Republican initiative to regulate and integrate stablecoins within the broader financial sector.