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Stablecoin Bill: US Senate Nears Vote On GENIUS Act Amid Bipartisan Push For Amendments

The US Senate may pass the GENIUS Act by the end of the week if Congressmen reach a consensus on key issues. U.S. senators will deliberate on key amendment proposals to the stablecoin bill that has faced a gale of headwinds from critics. US Senators To Vote On Stablecoin Bill To Speed Up Processes According to a report posted on X by US-based cryptocurrency journalist Eleanor Terrett, the GENIUS Act may become law by the end of the week. Terrett notes that US lawmakers are working under the hood to achieve a consensus that will allow the stablecoin bill to scale through the legislative process. Right off the bat, Terrett says the bill sponsors are negotiating to reach a consent agreement with all lawmakers to allow voting on key issues. If the politicking goes according to plan, the stablecoin bill will sidestep the requirement of the full cloture process. After… Read More at Coingape.com

The post Stablecoin Bill: US Senate Nears Vote On GENIUS Act Amid Bipartisan Push For Amendments appeared first on CoinGape.

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